Poor economy drives up sales of home security systems

Home Security News > Articles > Poor economy drives up sales of home security systems
07/30/2010 07:00am -- A poor economy doesn't always equal bad business for everyone. With rising crime rates, the sale of home security systems has gone up.

One Hawaii-based home security installation company owner said his business has grown by 20 percent in the last year, the Pacific Business News reported. The island state is known for its property crime history, which constituted 93 percent of all incidents in 2008.

Steve Van Ness, another home security company owner told the Business News that "business is fueled by two things: new growth - when the economy is doing well, people are building new homes - and crime. When the economy is bad, people will do whatever it takes to survive."

New trends in the home security business include video surveillance, the Business News said. However, most systems should have motion detectors and an alarm. People can expect to pay anywhere between $1,400 and $5,000.

Summer is also popular for daytime home invasions. This is because most burglars, whose average age is 16, don't have to school to attend to during the day.ADNFCR-3514-ID-19913832-ADNFCR

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