The economy today is the worst is has ever been and because the economy is so bad the housing market is affected too. Many houses are being put up for sale but just not selling. The crisis started from bad loans being made to people who cant afford the houses that they think can afford because of the low interest rates. The bad economy and the housing crisis can all affect the fashion industry/home fashion industry.
People cannot afford to furnish their homes because they either cannot lay money aside to decorate their home or because its not worth the time and money anymore. People are focusing more about they welfare of their families instead of how awesome their houses look. Just recently here in Greensboro Linens and Things closed. This is all because of the bad economy which affects the home fashions industry.
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