After Tuesday’s breaking news that Hawker Beechcraft has been searching for “alternate locations,” I was pretty certain that the blowback from the local residential real estate industry wouldn’t take long.
I hate being right.
Sure enough, a message arrived this morning from a residential broker concerned – and rightfully so, I might add – about the impact Hawker’s destabilized Wichita presence will have on the Wichita housing market.
The message was concise: Please quit reporting about Hawker’s deliberations because it will hurt the Wichita housing market. The implications are clear and, quite frankly, accurate: When Wichita loses jobs, buyers become cautious and homes don’t sell.
It’s not the first time that the residential crowd has cast a wary eye toward the messengers down here at the Worldwide Businessplex. As home sales plummeted over the past two years, it was suggested frequently that we stop reporting those numbers. One industry e-mailer even suggested that we falsify them because we were “killing my business.”
We don’t want to kill anyone’s business. But friends, we’re in the business of reporting the ups – and downs – of Wichita’s business climate. Sadly, when a major airplane builder begins casting its eye to other locations, it’s news.
I would MUCH rather write about skyrocketing home sales. But when they fall, we’re going to write about that, too.
The Hawker news is troubling, for sure. But as more than one residential broker has told me over the years, “We’re Wichita. We’re resilient. We’ll bounce back.”
Keep the faith.