But if it has been a few years since your last inspection, reach out to a local roofing company and have someone check it out for you

Are you familiar with the concept of an “inelastic market”? I won’t get too in depth with this, I promise, but here is the gist of it – there are some services that are always in demand, no matter what. If the economy is in shambles, or if prices skyrocket, the demand for this service doesn’t change. As a bad example, look at drugs. No matter what the price is, drugs are always in demand, right? Here is a better example – roofing. People need roofs for their homes and businesses, and that will never change. This means that a job in the roofing industry is also inelastic, and a skilled roofer will always be in demand no matter what. How often you will need a roof replacement depends entirely on your home, its design and age, and the kind of roof it is. Eventually, every home will need a roof replacement, but for some places that might be after 15 years, and for other homes a roof may last for well over 20 years! To get the most out of your roof, and delay the inevitable roof replacement, have your home checked and serviced regularly. Unlike the HVAC system, your roofing doesn’t need to be inspected every few months. But if it has been a few years since your last inspection, reach out to a local roofing company and have someone check it out for you. To get back to my original point, this is why roofing is an “inelastic” market, because no matter what the economy is like, people simply can’t live in their homes without a good roof on it.

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By Steve