Like the S&L Crisis only MUCH WORST

[j]

Are they still saying the Mortgage Crisis is not as bad as the S&L crisis?

I pretty sure that Fannie and Freddie are bigger than all the failed banks of the 90’s, well all the failed banks put together ever for that matter.

[jficquette]

[quote=peterb]I’ve heard Houston is doing quite well. Oil services in general. Maybe OK as well? It’s come down to natural resources. A glimmer of hope.
Wage arbitration is alive and well. Most Asians sill make way less that US counter parts. Of course, Central and south america is not much different.[/quote]

Houston, Dallas, Atlanta are all boom cities now with much cheaper housing and higher wages than here in San Diego.

The problem with San Diego is the government is so anti business, anti growth. All the silly fees, licenses, hoops to jump through. This means no companies of any size will move here because it costs too much to operate here and it costs too much to move employees here.

I see years of gradually lowering house prices as the old folks die off and leave their houses to their 50 year old surfer dude kids who have never had a job worth mentioning on a resume.

John

[jficquette]

[quote=peterb]I’ve heard Houston is doing quite well. Oil services in general. Maybe OK as well? It’s come down to natural resources. A glimmer of hope.
Wage arbitration is alive and well. Most Asians sill make way less that US counter parts. Of course, Central and south america is not much different.[/quote]

Houston, Dallas, Atlanta are all boom cities now with much cheaper housing and higher wages than here in San Diego.

The problem with San Diego is the government is so anti business, anti growth. All the silly fees, licenses, hoops to jump through. This means no companies of any size will move here because it costs too much to operate here and it costs too much to move employees here.

I see years of gradually lowering house prices as the old folks die off and leave their houses to their 50 year old surfer dude kids who have never had a job worth mentioning on a resume.

John

[jficquette]

[quote=peterb]I’ve heard Houston is doing quite well. Oil services in general. Maybe OK as well? It’s come down to natural resources. A glimmer of hope.
Wage arbitration is alive and well. Most Asians sill make way less that US counter parts. Of course, Central and south america is not much different.[/quote]

Houston, Dallas, Atlanta are all boom cities now with much cheaper housing and higher wages than here in San Diego.

The problem with San Diego is the government is so anti business, anti growth. All the silly fees, licenses, hoops to jump through. This means no companies of any size will move here because it costs too much to operate here and it costs too much to move employees here.

I see years of gradually lowering house prices as the old folks die off and leave their houses to their 50 year old surfer dude kids who have never had a job worth mentioning on a resume.

John

[jficquette]

[quote=peterb]I’ve heard Houston is doing quite well. Oil services in general. Maybe OK as well? It’s come down to natural resources. A glimmer of hope.
Wage arbitration is alive and well. Most Asians sill make way less that US counter parts. Of course, Central and south america is not much different.[/quote]

Houston, Dallas, Atlanta are all boom cities now with much cheaper housing and higher wages than here in San Diego.

The problem with San Diego is the government is so anti business, anti growth. All the silly fees, licenses, hoops to jump through. This means no companies of any size will move here because it costs too much to operate here and it costs too much to move employees here.

I see years of gradually lowering house prices as the old folks die off and leave their houses to their 50 year old surfer dude kids who have never had a job worth mentioning on a resume.

John

[jficquette]

[quote=peterb]I’ve heard Houston is doing quite well. Oil services in general. Maybe OK as well? It’s come down to natural resources. A glimmer of hope.
Wage arbitration is alive and well. Most Asians sill make way less that US counter parts. Of course, Central and south america is not much different.[/quote]

Houston, Dallas, Atlanta are all boom cities now with much cheaper housing and higher wages than here in San Diego.

The problem with San Diego is the government is so anti business, anti growth. All the silly fees, licenses, hoops to jump through. This means no companies of any size will move here because it costs too much to operate here and it costs too much to move employees here.

I see years of gradually lowering house prices as the old folks die off and leave their houses to their 50 year old surfer dude kids who have never had a job worth mentioning on a resume.

John

[equalizer]

CA is a horrible place for small business owner because rents, employee costs (low end retail only) are much higher (30-50%)than Houston, etc, while revenues are 10-20% higher. The state regs are usually small part of problem. Why open a small retail/rest here when in another state you can actually make profits? Nice weather is always the pat answer. People want to live here, even if it is financially irresponsible.

[equalizer]

CA is a horrible place for small business owner because rents, employee costs (low end retail only) are much higher (30-50%)than Houston, etc, while revenues are 10-20% higher. The state regs are usually small part of problem. Why open a small retail/rest here when in another state you can actually make profits? Nice weather is always the pat answer. People want to live here, even if it is financially irresponsible.

[equalizer]

CA is a horrible place for small business owner because rents, employee costs (low end retail only) are much higher (30-50%)than Houston, etc, while revenues are 10-20% higher. The state regs are usually small part of problem. Why open a small retail/rest here when in another state you can actually make profits? Nice weather is always the pat answer. People want to live here, even if it is financially irresponsible.

[equalizer]

CA is a horrible place for small business owner because rents, employee costs (low end retail only) are much higher (30-50%)than Houston, etc, while revenues are 10-20% higher. The state regs are usually small part of problem. Why open a small retail/rest here when in another state you can actually make profits? Nice weather is always the pat answer. People want to live here, even if it is financially irresponsible.

[equalizer]

CA is a horrible place for small business owner because rents, employee costs (low end retail only) are much higher (30-50%)than Houston, etc, while revenues are 10-20% higher. The state regs are usually small part of problem. Why open a small retail/rest here when in another state you can actually make profits? Nice weather is always the pat answer. People want to live here, even if it is financially irresponsible.

[greekfire]

“If the American people ever allow the banking system to control their money, first by inflation, then by deflation; their children will one day wake up homeless on the continent their fathers conquered.” – Thomas Jefferson

[greekfire]

“If the American people ever allow the banking system to control their money, first by inflation, then by deflation; their children will one day wake up homeless on the continent their fathers conquered.” – Thomas Jefferson

[greekfire]

“If the American people ever allow the banking system to control their money, first by inflation, then by deflation; their children will one day wake up homeless on the continent their fathers conquered.” – Thomas Jefferson

[greekfire]

“If the American people ever allow the banking system to control their money, first by inflation, then by deflation; their children will one day wake up homeless on the continent their fathers conquered.” – Thomas Jefferson

[Author]

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