[quote Nor-LA-SD-GUY2]In CA approx. 30 % of home owners with a mortgage owe about 100K more than they can sell for, sorry you just cannot have an economic recovery in conditions like that.[/quote]Problem is that making it such that someone can purchase the house just passes the problem on to another person. The only way out if housing is the problem, is inflating the currency.
[quote Nor-LA-SD-GUY2]Personally I don’t know any tech people out of work.[/quote]There are more than you realize. One of the things happening is that if you have been out of work for a period of time, even in tech work, they don’t even want to look at you. They HR depts are also using this to push down technical wages.
