Am I oblivious?

[Ren]

I’ve actually noticed a big decrease in traffic on the 5, and this happened before the kiddies got out of school. I think people started doing the math, and realized that it just cost them $4.50 to return that $12 shirt at Target. They’re realizing that much of their driving is unnecessary, or trying to combine errands. On many days I can cruise north past Del Mar at 60+ just after 5pm. That was unheard of a few months ago.

[moneymaker]

It is interesting that some businesses are raising their prices while others are lowering them. Walmart near me is even selling bottles of wine for $1.97. Got some great bargains at GTM the other day,while the drive in is now $8 a person, ridiculous! It amazes me that the parking lots at the malls are jam packed. Maybe i’m poorer than most but I still think houses and rents are astronomical,and I’m a San Diego native.
I won’t go to the Del Mar fair- not when it’s $12 to get in to spend more money. I think cash will be king for quite a few more years to come. Translation-things will get cheaper,food more expensive while interest rates take off and houses bust.

[moneymaker]

It is interesting that some businesses are raising their prices while others are lowering them. Walmart near me is even selling bottles of wine for $1.97. Got some great bargains at GTM the other day,while the drive in is now $8 a person, ridiculous! It amazes me that the parking lots at the malls are jam packed. Maybe i’m poorer than most but I still think houses and rents are astronomical,and I’m a San Diego native.
I won’t go to the Del Mar fair- not when it’s $12 to get in to spend more money. I think cash will be king for quite a few more years to come. Translation-things will get cheaper,food more expensive while interest rates take off and houses bust.

[moneymaker]

It is interesting that some businesses are raising their prices while others are lowering them. Walmart near me is even selling bottles of wine for $1.97. Got some great bargains at GTM the other day,while the drive in is now $8 a person, ridiculous! It amazes me that the parking lots at the malls are jam packed. Maybe i’m poorer than most but I still think houses and rents are astronomical,and I’m a San Diego native.
I won’t go to the Del Mar fair- not when it’s $12 to get in to spend more money. I think cash will be king for quite a few more years to come. Translation-things will get cheaper,food more expensive while interest rates take off and houses bust.

[moneymaker]

It is interesting that some businesses are raising their prices while others are lowering them. Walmart near me is even selling bottles of wine for $1.97. Got some great bargains at GTM the other day,while the drive in is now $8 a person, ridiculous! It amazes me that the parking lots at the malls are jam packed. Maybe i’m poorer than most but I still think houses and rents are astronomical,and I’m a San Diego native.
I won’t go to the Del Mar fair- not when it’s $12 to get in to spend more money. I think cash will be king for quite a few more years to come. Translation-things will get cheaper,food more expensive while interest rates take off and houses bust.

[moneymaker]

It is interesting that some businesses are raising their prices while others are lowering them. Walmart near me is even selling bottles of wine for $1.97. Got some great bargains at GTM the other day,while the drive in is now $8 a person, ridiculous! It amazes me that the parking lots at the malls are jam packed. Maybe i’m poorer than most but I still think houses and rents are astronomical,and I’m a San Diego native.
I won’t go to the Del Mar fair- not when it’s $12 to get in to spend more money. I think cash will be king for quite a few more years to come. Translation-things will get cheaper,food more expensive while interest rates take off and houses bust.

[LA_Renter]

” I have noticed that people are still driving their cars like there is no tomorrow. Other observations include people shopping until they drop at the Fashion Valley Mall, a very expensive place to shop; people standing in long lines at restaurants, people buying $10.00 drinks, people competing for expensive apartments, people gambling like fools at the Indian casinos, etc. I also noticed the same thing occurring in Orlando, FL where I was on a business trip. People were actually taking their whole families out to eat at crowded expensive restaurants. I was there alone and had to stand in line every night”

That is way too subjective and anecdotal for me. I imagine if you were to go to Tokyo in the early to mid 90’s at the nadir of their downturn you could have made the same observations. Right now the people who are feeling this downturn are RE agents, mortgage brokers and related businesses and construction workers. Ask these people how the job search is going. Have they been able to replace their incomes yet?? Go and talk to the unprecedented record number of people that have to contemplate or have just gone through foreclosure. You don’t see these people when you are out and about but they are all there.

[LA_Renter]

” I have noticed that people are still driving their cars like there is no tomorrow. Other observations include people shopping until they drop at the Fashion Valley Mall, a very expensive place to shop; people standing in long lines at restaurants, people buying $10.00 drinks, people competing for expensive apartments, people gambling like fools at the Indian casinos, etc. I also noticed the same thing occurring in Orlando, FL where I was on a business trip. People were actually taking their whole families out to eat at crowded expensive restaurants. I was there alone and had to stand in line every night”

That is way too subjective and anecdotal for me. I imagine if you were to go to Tokyo in the early to mid 90’s at the nadir of their downturn you could have made the same observations. Right now the people who are feeling this downturn are RE agents, mortgage brokers and related businesses and construction workers. Ask these people how the job search is going. Have they been able to replace their incomes yet?? Go and talk to the unprecedented record number of people that have to contemplate or have just gone through foreclosure. You don’t see these people when you are out and about but they are all there.

[LA_Renter]

” I have noticed that people are still driving their cars like there is no tomorrow. Other observations include people shopping until they drop at the Fashion Valley Mall, a very expensive place to shop; people standing in long lines at restaurants, people buying $10.00 drinks, people competing for expensive apartments, people gambling like fools at the Indian casinos, etc. I also noticed the same thing occurring in Orlando, FL where I was on a business trip. People were actually taking their whole families out to eat at crowded expensive restaurants. I was there alone and had to stand in line every night”

That is way too subjective and anecdotal for me. I imagine if you were to go to Tokyo in the early to mid 90’s at the nadir of their downturn you could have made the same observations. Right now the people who are feeling this downturn are RE agents, mortgage brokers and related businesses and construction workers. Ask these people how the job search is going. Have they been able to replace their incomes yet?? Go and talk to the unprecedented record number of people that have to contemplate or have just gone through foreclosure. You don’t see these people when you are out and about but they are all there.

[LA_Renter]

” I have noticed that people are still driving their cars like there is no tomorrow. Other observations include people shopping until they drop at the Fashion Valley Mall, a very expensive place to shop; people standing in long lines at restaurants, people buying $10.00 drinks, people competing for expensive apartments, people gambling like fools at the Indian casinos, etc. I also noticed the same thing occurring in Orlando, FL where I was on a business trip. People were actually taking their whole families out to eat at crowded expensive restaurants. I was there alone and had to stand in line every night”

That is way too subjective and anecdotal for me. I imagine if you were to go to Tokyo in the early to mid 90’s at the nadir of their downturn you could have made the same observations. Right now the people who are feeling this downturn are RE agents, mortgage brokers and related businesses and construction workers. Ask these people how the job search is going. Have they been able to replace their incomes yet?? Go and talk to the unprecedented record number of people that have to contemplate or have just gone through foreclosure. You don’t see these people when you are out and about but they are all there.

[LA_Renter]

” I have noticed that people are still driving their cars like there is no tomorrow. Other observations include people shopping until they drop at the Fashion Valley Mall, a very expensive place to shop; people standing in long lines at restaurants, people buying $10.00 drinks, people competing for expensive apartments, people gambling like fools at the Indian casinos, etc. I also noticed the same thing occurring in Orlando, FL where I was on a business trip. People were actually taking their whole families out to eat at crowded expensive restaurants. I was there alone and had to stand in line every night”

That is way too subjective and anecdotal for me. I imagine if you were to go to Tokyo in the early to mid 90’s at the nadir of their downturn you could have made the same observations. Right now the people who are feeling this downturn are RE agents, mortgage brokers and related businesses and construction workers. Ask these people how the job search is going. Have they been able to replace their incomes yet?? Go and talk to the unprecedented record number of people that have to contemplate or have just gone through foreclosure. You don’t see these people when you are out and about but they are all there.

[salo_t]

NeetaT, Out of an SD county population of well over 3 million people there will always be a large group of people that will continue to spend even in a bad recession not to mention that a lot of the realtors and mortgage folks that are out work probably still have a nice stash in the bank from all the easy money that was handed to them in the years prior.
And dont forget all the people that have cashed out their home equity before the tightening of lending standards, jobs or no jobs there is still a lot of money sitting around.
This may be the beginning of the pain and what do people do when they are feeling down? They go shopping.

[salo_t]

NeetaT, Out of an SD county population of well over 3 million people there will always be a large group of people that will continue to spend even in a bad recession not to mention that a lot of the realtors and mortgage folks that are out work probably still have a nice stash in the bank from all the easy money that was handed to them in the years prior.
And dont forget all the people that have cashed out their home equity before the tightening of lending standards, jobs or no jobs there is still a lot of money sitting around.
This may be the beginning of the pain and what do people do when they are feeling down? They go shopping.

[salo_t]

NeetaT, Out of an SD county population of well over 3 million people there will always be a large group of people that will continue to spend even in a bad recession not to mention that a lot of the realtors and mortgage folks that are out work probably still have a nice stash in the bank from all the easy money that was handed to them in the years prior.
And dont forget all the people that have cashed out their home equity before the tightening of lending standards, jobs or no jobs there is still a lot of money sitting around.
This may be the beginning of the pain and what do people do when they are feeling down? They go shopping.

[salo_t]

NeetaT, Out of an SD county population of well over 3 million people there will always be a large group of people that will continue to spend even in a bad recession not to mention that a lot of the realtors and mortgage folks that are out work probably still have a nice stash in the bank from all the easy money that was handed to them in the years prior.
And dont forget all the people that have cashed out their home equity before the tightening of lending standards, jobs or no jobs there is still a lot of money sitting around.
This may be the beginning of the pain and what do people do when they are feeling down? They go shopping.

[Author]

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