When the housing market corrects over the next few years, our economy is going down with it.
Surely, if the housing market corrects as significantly as some imagine it will (including myself) then Qualcomm will have no trouble hiring those 500 people because housing won’t be expensive any more!
You can’t have it both ways. Either housing stays expensive and people stay away, or housing goes down and people start to arrive in sunny San Diego to fill the open positions.
