Showing posts with label Bad Economy. Show all posts
Showing posts with label Bad Economy. Show all posts

Monday, July 30, 2012

Shuttered: America's Oldest General Store Closes Doors


A mercantile in Rhode Island with the claim of being the oldest general store in the US has officially closed its doors after 224 years of business.

Gray's General Store located in Adamsville, Rhode Island, had been in business since Colonial times, first opening its doors in the year 1788. The young country would not have an official president until the following year, when General George Washington was inaugurated as the first US president in 1789.

The mercantile served as the tiny village's main supply of food and other necessities for many generations. The store's current owner, Jonah Waite, inherited the store from his father, who passed away in June. Waite made the difficult decision to sell the store after inspecting the finances. It seems the supermarket down the street had siphoned away much of Gray's business over the years, although the store was still popular with tourists visiting the area in search of a photo opportunity and a few cheap souvenirs.
  
In 2007,  Senator Jack Reed and then-Rhode Island Governor Donald Carcieri issued proclamations naming Gray's as the oldest continuously run general store in the country.

"Obviously, I understand the historical aspect of it, and I would really love to keep it the way it is, but it doesn't seem to me that that's the most feasible option," Waite told local media regarding his decision to shutter the store's doors. "With the economy ... the place has lost its attraction, lost its luster," although he had seen an influx of visitors since announcing the closing. Waite is set to be a senior at nearby University of Hartford in Connecticut, where he is majoring in journalism.

The store officially closed its doors for good after business hours on Sunday.

Thursday, November 3, 2011

A Log Cabin on Wheels? Tiny House Company Builds Dream Houses for Depressed Economy


Are you considering downsizing your life in light of the abysmal economic outlook? Do you think you can manage to live in a house you build yourself that measures 65 square feet? The Tumbleweed Tiny House Company offers a variety of small, prefabricated homes, some as cheap as $99 a month!

The cheapest home is a flat-pack to be built by the owner but, if you're not very handy, there are ready-made versions for as little as $38,997. The homes come with fully-functioning kitchens and bathrooms and prove that less really can be more (a lesson millions of Americans have learned the hard way over the past few years!). 


The company's founder Jay Shafer, who lives in one of the houses, says that people are slowly but surely learning that bigger doesn't always mean better, as the foreclosure and bankruptcy rates in the US continue to skyrocket, "People are starting to get a clue I think," he says. "People are starting to understand that excess is not necessarily a luxury. It can be a burden, a liability. People are living in 4,000 and 6,000 square foot debtors prisons."

The homes are perfect for single people or couples who do not have the time, money or desire to spend on the upkeep of a larger home. As some of the homes come on wheels, owners have the luxury of enjoying the exciting life of a vagabond, stopping along the way to try out a location before moving on to somewhere new. 


To view the full selection of adorable homes and a list of prices, visit the company's official website Tumbleweed.com






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