Am I oblivious?

[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.

[DWCAP]

I think this sorta “well, I dont see it, so it must not be so” metric is prob the most used, and the least accurate measurement tool people have. People still are people, so will find things to do. The malls may be packed, but people are not necessary buying much. Or if they are buying, they can be scalling down from Guess to Levis’s. All you see is they just bought a pair of jeans, it is the stores who suffer the $150 difference.

I got seated in the cheesecake factory in mission valley in 5 minutes on Friday night at 6:30. Got to see “Get Smart” opening night and we had ok seats showing up 10 minutes before the movie. Does that mean the economy sucks? No, it means it was hot out and people didnt want to be inside when it finally cooled down.

People are looking for a diversion from the stress. So we see more people at the malls and movie theators and such and think it must be ok, when in reality, the pain is being masked by the way we deal with it.

[DWCAP]

I think this sorta “well, I dont see it, so it must not be so” metric is prob the most used, and the least accurate measurement tool people have. People still are people, so will find things to do. The malls may be packed, but people are not necessary buying much. Or if they are buying, they can be scalling down from Guess to Levis’s. All you see is they just bought a pair of jeans, it is the stores who suffer the $150 difference.

I got seated in the cheesecake factory in mission valley in 5 minutes on Friday night at 6:30. Got to see “Get Smart” opening night and we had ok seats showing up 10 minutes before the movie. Does that mean the economy sucks? No, it means it was hot out and people didnt want to be inside when it finally cooled down.

People are looking for a diversion from the stress. So we see more people at the malls and movie theators and such and think it must be ok, when in reality, the pain is being masked by the way we deal with it.

[DWCAP]

I think this sorta “well, I dont see it, so it must not be so” metric is prob the most used, and the least accurate measurement tool people have. People still are people, so will find things to do. The malls may be packed, but people are not necessary buying much. Or if they are buying, they can be scalling down from Guess to Levis’s. All you see is they just bought a pair of jeans, it is the stores who suffer the $150 difference.

I got seated in the cheesecake factory in mission valley in 5 minutes on Friday night at 6:30. Got to see “Get Smart” opening night and we had ok seats showing up 10 minutes before the movie. Does that mean the economy sucks? No, it means it was hot out and people didnt want to be inside when it finally cooled down.

People are looking for a diversion from the stress. So we see more people at the malls and movie theators and such and think it must be ok, when in reality, the pain is being masked by the way we deal with it.

[DWCAP]

I think this sorta “well, I dont see it, so it must not be so” metric is prob the most used, and the least accurate measurement tool people have. People still are people, so will find things to do. The malls may be packed, but people are not necessary buying much. Or if they are buying, they can be scalling down from Guess to Levis’s. All you see is they just bought a pair of jeans, it is the stores who suffer the $150 difference.

I got seated in the cheesecake factory in mission valley in 5 minutes on Friday night at 6:30. Got to see “Get Smart” opening night and we had ok seats showing up 10 minutes before the movie. Does that mean the economy sucks? No, it means it was hot out and people didnt want to be inside when it finally cooled down.

People are looking for a diversion from the stress. So we see more people at the malls and movie theators and such and think it must be ok, when in reality, the pain is being masked by the way we deal with it.

[DWCAP]

I think this sorta “well, I dont see it, so it must not be so” metric is prob the most used, and the least accurate measurement tool people have. People still are people, so will find things to do. The malls may be packed, but people are not necessary buying much. Or if they are buying, they can be scalling down from Guess to Levis’s. All you see is they just bought a pair of jeans, it is the stores who suffer the $150 difference.

I got seated in the cheesecake factory in mission valley in 5 minutes on Friday night at 6:30. Got to see “Get Smart” opening night and we had ok seats showing up 10 minutes before the movie. Does that mean the economy sucks? No, it means it was hot out and people didnt want to be inside when it finally cooled down.

People are looking for a diversion from the stress. So we see more people at the malls and movie theators and such and think it must be ok, when in reality, the pain is being masked by the way we deal with it.

[LA_Renter]

“In God we trust, everybody else bring data”

[LA_Renter]

“In God we trust, everybody else bring data”

[LA_Renter]

“In God we trust, everybody else bring data”

[LA_Renter]

“In God we trust, everybody else bring data”

[LA_Renter]

“In God we trust, everybody else bring data”

[CA renter]

“In God we trust, everybody else bring data”
————

Though the first bubble observations in the housing market were anecdotal.

One anecdote doesn’t necessarily mean anything, but if many people see the same things over a larger population/region, then it’s fair to look further into the possible causes.

We have seen some significant recessionary indicators in LA and, to a lesser extent, in SD (which is not what I expected, as LA’s housing downturn came well after ours).

I’m hearing from a number of people that business is down, lots of people going into foreclosure or struggling with bills. All is not well under the surface, but I’ll admit the mall traffic is surprisingly high.

[CA renter]

“In God we trust, everybody else bring data”
————

Though the first bubble observations in the housing market were anecdotal.

One anecdote doesn’t necessarily mean anything, but if many people see the same things over a larger population/region, then it’s fair to look further into the possible causes.

We have seen some significant recessionary indicators in LA and, to a lesser extent, in SD (which is not what I expected, as LA’s housing downturn came well after ours).

I’m hearing from a number of people that business is down, lots of people going into foreclosure or struggling with bills. All is not well under the surface, but I’ll admit the mall traffic is surprisingly high.

[CA renter]

“In God we trust, everybody else bring data”
————

Though the first bubble observations in the housing market were anecdotal.

One anecdote doesn’t necessarily mean anything, but if many people see the same things over a larger population/region, then it’s fair to look further into the possible causes.

We have seen some significant recessionary indicators in LA and, to a lesser extent, in SD (which is not what I expected, as LA’s housing downturn came well after ours).

I’m hearing from a number of people that business is down, lots of people going into foreclosure or struggling with bills. All is not well under the surface, but I’ll admit the mall traffic is surprisingly high.

[CA renter]

“In God we trust, everybody else bring data”
————

Though the first bubble observations in the housing market were anecdotal.

One anecdote doesn’t necessarily mean anything, but if many people see the same things over a larger population/region, then it’s fair to look further into the possible causes.

We have seen some significant recessionary indicators in LA and, to a lesser extent, in SD (which is not what I expected, as LA’s housing downturn came well after ours).

I’m hearing from a number of people that business is down, lots of people going into foreclosure or struggling with bills. All is not well under the surface, but I’ll admit the mall traffic is surprisingly high.

[Author]

Posts