- This topic has 15 replies, 4 voices, and was last updated 16 years ago by CAwireman.
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September 27, 2008 at 2:30 PM #13978September 27, 2008 at 3:18 PM #276383desmondParticipant
I am starting to see many in the 45-55 year old bracket losing their jobs. They are (were) at their PEAK earning years but also PEAK expense years, high mortgage, cars, kids college, etc. They were saving some, trying to get the kids through college, pay off bills, and then sell the house for a big gain and downsize. Now, they are screwed, none can find a job and the bills just keep on coming. Health insurance cost as much as they get in unemployment benefits. I don’t see much hope in the future for them.
September 27, 2008 at 3:18 PM #276640desmondParticipantI am starting to see many in the 45-55 year old bracket losing their jobs. They are (were) at their PEAK earning years but also PEAK expense years, high mortgage, cars, kids college, etc. They were saving some, trying to get the kids through college, pay off bills, and then sell the house for a big gain and downsize. Now, they are screwed, none can find a job and the bills just keep on coming. Health insurance cost as much as they get in unemployment benefits. I don’t see much hope in the future for them.
September 27, 2008 at 3:18 PM #276655desmondParticipantI am starting to see many in the 45-55 year old bracket losing their jobs. They are (were) at their PEAK earning years but also PEAK expense years, high mortgage, cars, kids college, etc. They were saving some, trying to get the kids through college, pay off bills, and then sell the house for a big gain and downsize. Now, they are screwed, none can find a job and the bills just keep on coming. Health insurance cost as much as they get in unemployment benefits. I don’t see much hope in the future for them.
September 27, 2008 at 3:18 PM #276692desmondParticipantI am starting to see many in the 45-55 year old bracket losing their jobs. They are (were) at their PEAK earning years but also PEAK expense years, high mortgage, cars, kids college, etc. They were saving some, trying to get the kids through college, pay off bills, and then sell the house for a big gain and downsize. Now, they are screwed, none can find a job and the bills just keep on coming. Health insurance cost as much as they get in unemployment benefits. I don’t see much hope in the future for them.
September 27, 2008 at 3:18 PM #276705desmondParticipantI am starting to see many in the 45-55 year old bracket losing their jobs. They are (were) at their PEAK earning years but also PEAK expense years, high mortgage, cars, kids college, etc. They were saving some, trying to get the kids through college, pay off bills, and then sell the house for a big gain and downsize. Now, they are screwed, none can find a job and the bills just keep on coming. Health insurance cost as much as they get in unemployment benefits. I don’t see much hope in the future for them.
September 27, 2008 at 4:59 PM #276398PadreBrianParticipantboo-hoo, my house I bought for 2 million isn’t worth 3 million. 😥
September 27, 2008 at 4:59 PM #276654PadreBrianParticipantboo-hoo, my house I bought for 2 million isn’t worth 3 million. 😥
September 27, 2008 at 4:59 PM #276669PadreBrianParticipantboo-hoo, my house I bought for 2 million isn’t worth 3 million. 😥
September 27, 2008 at 4:59 PM #276706PadreBrianParticipantboo-hoo, my house I bought for 2 million isn’t worth 3 million. 😥
September 27, 2008 at 4:59 PM #276720PadreBrianParticipantboo-hoo, my house I bought for 2 million isn’t worth 3 million. 😥
September 27, 2008 at 8:39 PM #276483CAwiremanParticipantMy wife and I went looking around at houses off of Carmel Country road in Carmel Valley. Weren’t familiar with the area and it was mainly $1 million and over.
Some homes were furnished, others were empty and the agents were suggesting that the owners were willing to negotiate.
These homes are out of our range and we aren’t planning to buy for years. But it was interesting to see what nice homes in that area were selling for.
I did ask the agents: Why are the owners selling? Some didn’t know, others said “the owner bought a new home”. I didn’t know what to believe. Maybe they are examples of the folks in the article…
September 27, 2008 at 8:39 PM #276739CAwiremanParticipantMy wife and I went looking around at houses off of Carmel Country road in Carmel Valley. Weren’t familiar with the area and it was mainly $1 million and over.
Some homes were furnished, others were empty and the agents were suggesting that the owners were willing to negotiate.
These homes are out of our range and we aren’t planning to buy for years. But it was interesting to see what nice homes in that area were selling for.
I did ask the agents: Why are the owners selling? Some didn’t know, others said “the owner bought a new home”. I didn’t know what to believe. Maybe they are examples of the folks in the article…
September 27, 2008 at 8:39 PM #276757CAwiremanParticipantMy wife and I went looking around at houses off of Carmel Country road in Carmel Valley. Weren’t familiar with the area and it was mainly $1 million and over.
Some homes were furnished, others were empty and the agents were suggesting that the owners were willing to negotiate.
These homes are out of our range and we aren’t planning to buy for years. But it was interesting to see what nice homes in that area were selling for.
I did ask the agents: Why are the owners selling? Some didn’t know, others said “the owner bought a new home”. I didn’t know what to believe. Maybe they are examples of the folks in the article…
September 27, 2008 at 8:39 PM #276791CAwiremanParticipantMy wife and I went looking around at houses off of Carmel Country road in Carmel Valley. Weren’t familiar with the area and it was mainly $1 million and over.
Some homes were furnished, others were empty and the agents were suggesting that the owners were willing to negotiate.
These homes are out of our range and we aren’t planning to buy for years. But it was interesting to see what nice homes in that area were selling for.
I did ask the agents: Why are the owners selling? Some didn’t know, others said “the owner bought a new home”. I didn’t know what to believe. Maybe they are examples of the folks in the article…
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