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August 7, 2007 at 4:48 PM #71617August 7, 2007 at 4:55 PM #71497
bsrsharma
Participant“cheap foreign labor”
??? Sony only has designers and product developers in SD. No more assembly line/manufacturing workers. I hope a Product Architect is not “cheap foreign labor”!
August 7, 2007 at 4:55 PM #71612Participant“cheap foreign labor”
??? Sony only has designers and product developers in SD. No more assembly line/manufacturing workers. I hope a Product Architect is not “cheap foreign labor”!
August 7, 2007 at 4:55 PM #71620Participant“cheap foreign labor”
??? Sony only has designers and product developers in SD. No more assembly line/manufacturing workers. I hope a Product Architect is not “cheap foreign labor”!
August 7, 2007 at 5:28 PM #71530SD Realtor
ParticipantAlex –
I understand where you are coming from but I just cannot support the argument. While the builders in 4S have managed to prop up demand, that is not going to be the case forever. Indeed there have been declining resales in 4S and to neglect the argument that there is currently distress there is naive. It simply has not reared it’s ugly head and it will not as people who live there all have decent jobs.So as loans reset, they will slowly donate more money to the lender. I believe that there is alot to learn from previous prognostications from pundits. Guys like Alan Gin who always seem to try to be careful with outlooks but who always (in the past) landed on the optimistic side that was speculative when compared to the pessimistic side which appeared to be factual. It will take awhile for 4S to go full tilt unless there is an event that will upset things such as rapid unemployment. However, I think that the secondary market crunch will indeed have severe ramifications for potential 4S buyers. Once more, this will not show up immediately. It will take awhile. I also think that 4S has some potential for heavier tilt because it is not established, I do not see heavy equity stakes in the majority of the homeowners. This is an important variance when comparing it to seasoned neighborhoods where there are people who will just ride out the storm.
SD Realtor
August 7, 2007 at 5:28 PM #71645ParticipantAlex –
I understand where you are coming from but I just cannot support the argument. While the builders in 4S have managed to prop up demand, that is not going to be the case forever. Indeed there have been declining resales in 4S and to neglect the argument that there is currently distress there is naive. It simply has not reared it’s ugly head and it will not as people who live there all have decent jobs.So as loans reset, they will slowly donate more money to the lender. I believe that there is alot to learn from previous prognostications from pundits. Guys like Alan Gin who always seem to try to be careful with outlooks but who always (in the past) landed on the optimistic side that was speculative when compared to the pessimistic side which appeared to be factual. It will take awhile for 4S to go full tilt unless there is an event that will upset things such as rapid unemployment. However, I think that the secondary market crunch will indeed have severe ramifications for potential 4S buyers. Once more, this will not show up immediately. It will take awhile. I also think that 4S has some potential for heavier tilt because it is not established, I do not see heavy equity stakes in the majority of the homeowners. This is an important variance when comparing it to seasoned neighborhoods where there are people who will just ride out the storm.
SD Realtor
August 7, 2007 at 5:28 PM #71652ParticipantAlex –
I understand where you are coming from but I just cannot support the argument. While the builders in 4S have managed to prop up demand, that is not going to be the case forever. Indeed there have been declining resales in 4S and to neglect the argument that there is currently distress there is naive. It simply has not reared it’s ugly head and it will not as people who live there all have decent jobs.So as loans reset, they will slowly donate more money to the lender. I believe that there is alot to learn from previous prognostications from pundits. Guys like Alan Gin who always seem to try to be careful with outlooks but who always (in the past) landed on the optimistic side that was speculative when compared to the pessimistic side which appeared to be factual. It will take awhile for 4S to go full tilt unless there is an event that will upset things such as rapid unemployment. However, I think that the secondary market crunch will indeed have severe ramifications for potential 4S buyers. Once more, this will not show up immediately. It will take awhile. I also think that 4S has some potential for heavier tilt because it is not established, I do not see heavy equity stakes in the majority of the homeowners. This is an important variance when comparing it to seasoned neighborhoods where there are people who will just ride out the storm.
SD Realtor
August 7, 2007 at 5:40 PM #71536what_a_disasta
ParticipantWhy would anyone want a holiday home in San Diego if they didn’t live in the US? There are countless places with better beaches, weather, entertainment, value and more relaxed immigration rules.
August 7, 2007 at 5:40 PM #71651ParticipantWhy would anyone want a holiday home in San Diego if they didn’t live in the US? There are countless places with better beaches, weather, entertainment, value and more relaxed immigration rules.
August 7, 2007 at 5:40 PM #71657ParticipantWhy would anyone want a holiday home in San Diego if they didn’t live in the US? There are countless places with better beaches, weather, entertainment, value and more relaxed immigration rules.
August 7, 2007 at 5:46 PM #71542Participantbsrsharma – not yet…
SD Realtor
August 7, 2007 at 5:46 PM #71658Participantbsrsharma – not yet…
SD Realtor
August 7, 2007 at 5:46 PM #71663Participantbsrsharma – not yet…
SD Realtor
August 7, 2007 at 6:11 PM #71545kewp
ParticipantSony has lots of artists and administrative staff here, especially supporting Sony online.
They are not paid very well and they expect lots of unpaid overtime.
I know because they have tried to recruit me in the past!
August 7, 2007 at 6:11 PM #71661ParticipantSony has lots of artists and administrative staff here, especially supporting Sony online.
They are not paid very well and they expect lots of unpaid overtime.
I know because they have tried to recruit me in the past!
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