New Paradigm: The job market is the biggest economic problem

[Borat]

Heresy! Here in the nicer areas of San Diego such as CV, this won’t be a problem. Haven’t you heard that every household in these locales has an income of $300K/yr! And those are of course the slackers, most make a lot more than that. Of course the majority of these people are employed in recession-proof industries like sales and middle management. They have also been smart enough not to get caught up in the stock market crash since they maintain all of their wealth in their home equity and automobiles.

Again, I say to thee, these so-called “job losses” will not affect the nice areas of SD.

[4plexowner]

You gloom and doomers! Don’t you know that interest rates are at historic lows!!!

[4plexowner]

You gloom and doomers! Don’t you know that interest rates are at historic lows!!!

[4plexowner]

You gloom and doomers! Don’t you know that interest rates are at historic lows!!!

[4plexowner]

You gloom and doomers! Don’t you know that interest rates are at historic lows!!!

[4plexowner]

You gloom and doomers! Don’t you know that interest rates are at historic lows!!!

[Borat]

You gloom and doomers! Don’t you know that interest rates are at historic lows!!!

Actually, 4plexowner, Coastal North County homebuyers don’t care about interest rates since they mostly pay with cash. Haven’t you heard? The fabulously wealthy are leaving their pied-a-terres in Monte Carlo and St. Moritz to buy 3/2/2 stucco homes in CV and Encinitas. And of course our local middle managers and salespeople have to do something with their $800K bonuses from 2008. You can only buy so many 5 series Beemers before it gets boring, you know…

[Borat]

You gloom and doomers! Don’t you know that interest rates are at historic lows!!!

Actually, 4plexowner, Coastal North County homebuyers don’t care about interest rates since they mostly pay with cash. Haven’t you heard? The fabulously wealthy are leaving their pied-a-terres in Monte Carlo and St. Moritz to buy 3/2/2 stucco homes in CV and Encinitas. And of course our local middle managers and salespeople have to do something with their $800K bonuses from 2008. You can only buy so many 5 series Beemers before it gets boring, you know…

[Borat]

You gloom and doomers! Don’t you know that interest rates are at historic lows!!!

Actually, 4plexowner, Coastal North County homebuyers don’t care about interest rates since they mostly pay with cash. Haven’t you heard? The fabulously wealthy are leaving their pied-a-terres in Monte Carlo and St. Moritz to buy 3/2/2 stucco homes in CV and Encinitas. And of course our local middle managers and salespeople have to do something with their $800K bonuses from 2008. You can only buy so many 5 series Beemers before it gets boring, you know…

[Borat]

You gloom and doomers! Don’t you know that interest rates are at historic lows!!!

Actually, 4plexowner, Coastal North County homebuyers don’t care about interest rates since they mostly pay with cash. Haven’t you heard? The fabulously wealthy are leaving their pied-a-terres in Monte Carlo and St. Moritz to buy 3/2/2 stucco homes in CV and Encinitas. And of course our local middle managers and salespeople have to do something with their $800K bonuses from 2008. You can only buy so many 5 series Beemers before it gets boring, you know…

[Borat]

You gloom and doomers! Don’t you know that interest rates are at historic lows!!!

Actually, 4plexowner, Coastal North County homebuyers don’t care about interest rates since they mostly pay with cash. Haven’t you heard? The fabulously wealthy are leaving their pied-a-terres in Monte Carlo and St. Moritz to buy 3/2/2 stucco homes in CV and Encinitas. And of course our local middle managers and salespeople have to do something with their $800K bonuses from 2008. You can only buy so many 5 series Beemers before it gets boring, you know…

[sdduuuude]

SDT – Great title on this thread, and an interesting point.

Lots of folks on this site say the bottom hits when nobody realizes the bottom is here, and that makes sense.

I can totally see mainstream media focus on jobs directing attention away from housing. 2009 may very well be the year everyone forgets about housing, which may prep the housing market for a bottom.

[sdduuuude]

SDT – Great title on this thread, and an interesting point.

Lots of folks on this site say the bottom hits when nobody realizes the bottom is here, and that makes sense.

I can totally see mainstream media focus on jobs directing attention away from housing. 2009 may very well be the year everyone forgets about housing, which may prep the housing market for a bottom.

[sdduuuude]

SDT – Great title on this thread, and an interesting point.

Lots of folks on this site say the bottom hits when nobody realizes the bottom is here, and that makes sense.

I can totally see mainstream media focus on jobs directing attention away from housing. 2009 may very well be the year everyone forgets about housing, which may prep the housing market for a bottom.

[sdduuuude]

SDT – Great title on this thread, and an interesting point.

Lots of folks on this site say the bottom hits when nobody realizes the bottom is here, and that makes sense.

I can totally see mainstream media focus on jobs directing attention away from housing. 2009 may very well be the year everyone forgets about housing, which may prep the housing market for a bottom.

[Author]

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