[quote=FlyerInHi]BG, I know you’re strong. And it can be can be done and will be done by some. But not by everyone. (BTW, that’s why I believe the Hispanics are harder workers than their native white counterparts. They are making It work in Cali while the other guys relocate to Colorado Springs).
But shouldn’t we try to build an economy that works for everyone?
I mean look at Santa Barbara, it’s all quaint and all… The priced in natives can pat themselves on the back for buying 40 years ago. But will their kids find a job in the area, even if they go to college? Maybe they’d have better luck working in a hotel.[/quote]
FIH, there is nothing wrong with majoring in hospitality and having a “career” as a hotelier … especially a lucrative one with a large chain offering its employees many perks. Hotel/motel mgmt pays pretty well as does restaurant mgmt and sous chef/head chef.
Being the “motor-lodge queen extraordinaire” that I am (lol) I spend plenty of money on them annually, in spite of my “lowish” income … and I am not alone. And in my younger days, I spent 7-12 nights a year at mainly Sheratons for 12+ years straight at ski resorts.
As to Santa Barbara, it has never been a “starter town” and never will be so why would millenials aspire to buy their first home there? Those “priced in” boomers and beyond who reside there very likely didn’t purchase their first, second, or even third home there … and if they did, it was a dry-rotted crapshack on a substandard lot that needed extensive renovation.
Yes, even in 1971.
To the naked eye, it “appears” to younger generations that CA boomers (and beyond) had everything handed to them for pennies on the dollar and lived their lives and raised their families on “easy street” but nothing could be further from the truth. This group had to live through times in their adult lives of gasoline scarcity, soaring mortgage interest rates, overt (legal) gender discrimination, employer-friendly laws, lack of telecommuting opportunities while raising a family and a host of other conditions causing parents’ lives to even be considered “hardscrabble” compared to working conditions of today. Level of household “income” had nothing to do with it.
