Community Association Management is recession proof.
Unlike the real estate market and various other forms of property management, HOA managers cannot be outsourced or consolidated under regional directors.
If you have kids in college that aren’t really sure what they want to do after school, tell them to look into this field. If they are smart, sharp, hardworking and good communicators, they can earn $100K within 5 years. Some of my friends in this industry are pulling in $200K a year.
On the other end of the spectrum, many types of home improvement are already in recession. Combination of inflation cutting spending money and the fact that during lock downs many people redirected the money they had budgeted for vacations, is causing retrenchment. I work as an arborist, we had all the work we could do for about two years, reality has set in.