Yes, the economic downward spiral can put a damper on anyone’s day. Money essentially gets cheap. Therefore, finding a decent job that’ll pay enough to provide for a family and home can turn around slim pickings for the desperate individual. While many prices go down–especially in the housing industry–so do the manufacturers and the products. There is less and less supply and more and more demand. But what else is any company to do but slash prices just to make the sales?

Keep the low housing market in mind if you’re an investor in residential property based in Seattle, because tourism has been known to grow exponentially (especially Asian tourists) as international travelers look to take advantage of a weak dollar. Investing in property allows you to have both a summer home and a vacation property to rent out to tourists. Also, since the tourists will always need a place to stay, your rental property will always have tenants. Now that’s recession-proof.

Typically if you’re in that business, you need management expertise such as from a company like Seattle property management who can fine-tune your vacation rental. When looking for renters for a second or vacation home, tourists–whether Asian or some other ethnicity–are a major target. A property management company can help you find renters so your investment is always making money.

There are other recession-proof ideas for making money out there, too. Pharmaceuticals tend to stay static as the necessity for the well-being of many U.S. citizens remains a priority. Most people can’t go without their prescriptions! So that’s an easy investment. Another is foreclosures; talk about inexpensive housing! The money turnaround shows up when you “flip” the property after fixing it up and selling it for a higher price. However, you have to be willing to put in the elbow grease.