Financial Notes: Economy Slowing

Rebecca Wilsonoff

The economy has been slowing and many residents are making cutbacks, some business owners are selling thier businesses to access the capital in exchange for simoleans, which means some sims will be out of jobs.

Thankfully we have met and have a plan for the hood to survive these changes.

• Residents will move to gated communities. These homes are more affordable with 7 simday leases and allow for more intimacy in the hood with residential relations. This also allows residents to tap into thier home equity to free up cash reserves. This is not an option, residents are expected to be moved into a home by simTuesday (except for the Grey family).
• Business owners will have the option to consolidate thier businesses and/or sell them for the value of thier business. The remaining business lots will be consolidated to free up land space from the 1x1 lots to 2x1 and 3x1 lots. (Similar to Simmington Hill's Cedar Street Shops). This allows business owners to free up cash reserves.
• Residents will recieve 3 simdays of free ferry fare to Apple Valley Metro in order to find jobs.
• Career Capping will be instated: there will be a limited number of spaces available in each career track (2 sims per track) and once full no sims can take up a career in that path until a vacancy becomes clear. Once a vacancy is noted, the sim with the higher skills, interests, etc will be hired. Sims may still apply for jobs with local businesses to no limit.
• Welfare is still available for needy sims. Residents can apply for welfare options.