[quote=AN]so, you advise people to rent based on that statement? Qcom have been around for almost 30 years. San Diego want to make Sorrento Valley and UTC to be one of their main employment area. Even if qcom doesn’t last forever, Sorrento Valley and UTC will be employment center for many years to come.[/quote]
I am acutely aware of the job market for the types of people Qcom employs.
Can you name the 2nd, 3rd, 4th, and 5th employers of telcom engineers in the Sorrento Valley area? How many do they collectively employ compared to Qcom? How much of their business is dependant on Qcom?
Drive around Sorrento Valley. Most of the buildings have a sign saying “Qualcomm”. Most of the rest have a sign saying “Available”.
Once upon a time there was a large population of Linkabit spin offs, startups, and companies opening design centers. That is all history now.
I only suggest that there is merit in a little diversification no matter how stable your employer looks today. Buying a house is a long term commitment. Longer than anyones Qcom forecast.
