- This topic has 222 replies, 18 voices, and was last updated 16 years, 11 months ago by (former)FormerSanDiegan.
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November 29, 2007 at 3:54 PM #105393November 29, 2007 at 6:33 PM #105296kewpParticipant
That’s 29%. 1997-2007 difference will be bigger.
How much of that is due to the housing boom? I suspect we won’t know until at least the 2009-2010 numbers come out.
November 29, 2007 at 6:33 PM #105385kewpParticipantThat’s 29%. 1997-2007 difference will be bigger.
How much of that is due to the housing boom? I suspect we won’t know until at least the 2009-2010 numbers come out.
November 29, 2007 at 6:33 PM #105387kewpParticipantThat’s 29%. 1997-2007 difference will be bigger.
How much of that is due to the housing boom? I suspect we won’t know until at least the 2009-2010 numbers come out.
November 29, 2007 at 6:33 PM #105418kewpParticipantThat’s 29%. 1997-2007 difference will be bigger.
How much of that is due to the housing boom? I suspect we won’t know until at least the 2009-2010 numbers come out.
November 29, 2007 at 6:33 PM #105443kewpParticipantThat’s 29%. 1997-2007 difference will be bigger.
How much of that is due to the housing boom? I suspect we won’t know until at least the 2009-2010 numbers come out.
November 29, 2007 at 7:28 PM #1053264plexownerParticipantKeynesian economics at its finest!
let’s debase the money supply (call it inflation if you must) so everyone can earn more money and live in a house that costs more
November 29, 2007 at 7:28 PM #1054154plexownerParticipantKeynesian economics at its finest!
let’s debase the money supply (call it inflation if you must) so everyone can earn more money and live in a house that costs more
November 29, 2007 at 7:28 PM #1054174plexownerParticipantKeynesian economics at its finest!
let’s debase the money supply (call it inflation if you must) so everyone can earn more money and live in a house that costs more
November 29, 2007 at 7:28 PM #1054494plexownerParticipantKeynesian economics at its finest!
let’s debase the money supply (call it inflation if you must) so everyone can earn more money and live in a house that costs more
November 29, 2007 at 7:28 PM #1054734plexownerParticipantKeynesian economics at its finest!
let’s debase the money supply (call it inflation if you must) so everyone can earn more money and live in a house that costs more
November 29, 2007 at 8:40 PM #105356EugeneParticipantRemember you need to subtract:
A. Real-estate related job losses.
B. Local economy job losses due to the above as well as the disappearance of the “house as ATM” effect.
Given that something like 25% of our employment is in the RE sector, I can see at least a 30-40% decline in the median income until we hit bottom.
RE sector employment is less than 25%, and unemployment in that sector is still far from 100%. According to http://piggington.com/october_employment_0, construction, finance, and retail lost only 4,000 jobs since October ’06.
Back to census.gov
Out of 1.3m jobs, 117,089 are in construction; 64,846 are in finance and insurance; 40,443 in “real estate and rental and leasing”. Much of “finance and insurance” is not related to RE. “Real estate and rental and leasing” includes employees of apartment complexes, commercial RE, etc.
November 29, 2007 at 8:40 PM #105446EugeneParticipantRemember you need to subtract:
A. Real-estate related job losses.
B. Local economy job losses due to the above as well as the disappearance of the “house as ATM” effect.
Given that something like 25% of our employment is in the RE sector, I can see at least a 30-40% decline in the median income until we hit bottom.
RE sector employment is less than 25%, and unemployment in that sector is still far from 100%. According to http://piggington.com/october_employment_0, construction, finance, and retail lost only 4,000 jobs since October ’06.
Back to census.gov
Out of 1.3m jobs, 117,089 are in construction; 64,846 are in finance and insurance; 40,443 in “real estate and rental and leasing”. Much of “finance and insurance” is not related to RE. “Real estate and rental and leasing” includes employees of apartment complexes, commercial RE, etc.
November 29, 2007 at 8:40 PM #105447EugeneParticipantRemember you need to subtract:
A. Real-estate related job losses.
B. Local economy job losses due to the above as well as the disappearance of the “house as ATM” effect.
Given that something like 25% of our employment is in the RE sector, I can see at least a 30-40% decline in the median income until we hit bottom.
RE sector employment is less than 25%, and unemployment in that sector is still far from 100%. According to http://piggington.com/october_employment_0, construction, finance, and retail lost only 4,000 jobs since October ’06.
Back to census.gov
Out of 1.3m jobs, 117,089 are in construction; 64,846 are in finance and insurance; 40,443 in “real estate and rental and leasing”. Much of “finance and insurance” is not related to RE. “Real estate and rental and leasing” includes employees of apartment complexes, commercial RE, etc.
November 29, 2007 at 8:40 PM #105479EugeneParticipantRemember you need to subtract:
A. Real-estate related job losses.
B. Local economy job losses due to the above as well as the disappearance of the “house as ATM” effect.
Given that something like 25% of our employment is in the RE sector, I can see at least a 30-40% decline in the median income until we hit bottom.
RE sector employment is less than 25%, and unemployment in that sector is still far from 100%. According to http://piggington.com/october_employment_0, construction, finance, and retail lost only 4,000 jobs since October ’06.
Back to census.gov
Out of 1.3m jobs, 117,089 are in construction; 64,846 are in finance and insurance; 40,443 in “real estate and rental and leasing”. Much of “finance and insurance” is not related to RE. “Real estate and rental and leasing” includes employees of apartment complexes, commercial RE, etc.
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