Yes, once again (with tongue in cheek) I must say that fortunately there aren’t going to be any massive job losses in Southern California tied directly to real estate’s decline.
Thank God Orange County, California isn’t ground zero for sub-prime lending, nationwide. Thank God, again, that retailers in SoCal haven’t been reaping the benefits of MEW more than anywhere else on the planet. Thank God SoCal is the land of eternal milk and honey, where high-paying jobs are plentiful and the people here are the most fiscally responsible in the nation. Thank God people wouldn’t think of moving out of California, even if the prospects for gainful employment, clean natural resources, and safe communities were greatly diminished.
I am so excited to watch our local economy hold up, in stark contrast to other parts of our great nation, which are already going down the tubes (most notably, FL and the Northeast)
