Through out all of history there have been many housing crisis and once again we have hit another one this year. Though to some who have the money to spend and more money then they know what to do with arent effected there are still the other 100,000's of people who are effected by this. People are having trouble buying and renting houses whether its due to finanaces or the economy or whatever it is.
When industries rely on people to purchase homes to keep their businesses running its hard because they dont have any control over the other aspect that is controlling their business. Its hard for the home fashion industry because if homes arent being purchased then there isn't a need for them to decorate their homes and make them a piece of their own. It is said that over 86% of businesses are being affected by this Housing Crisis.
Below I have attached a great article that would be beneficial to read :
http://hbswk.hbs.edu/item/1404.html
[The 86% fact was taken from the link posted above]
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