New Paradigm: The job market is the biggest economic problem

[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.

[HereWeGo]

[quote=cooprider]This time really is different. Prices started falling before the jobs market showed any weakness. Now with unemployment mounting a bottom looks nowhere in sight.[/quote]

Plus, rents will surely face enormous downward pressure going forward, which will just crush the RE “bottom fishers” of 2008. Wait until those folks start to panic.

[HereWeGo]

[quote=cooprider]This time really is different. Prices started falling before the jobs market showed any weakness. Now with unemployment mounting a bottom looks nowhere in sight.[/quote]

Plus, rents will surely face enormous downward pressure going forward, which will just crush the RE “bottom fishers” of 2008. Wait until those folks start to panic.

[HereWeGo]

[quote=cooprider]This time really is different. Prices started falling before the jobs market showed any weakness. Now with unemployment mounting a bottom looks nowhere in sight.[/quote]

Plus, rents will surely face enormous downward pressure going forward, which will just crush the RE “bottom fishers” of 2008. Wait until those folks start to panic.

[HereWeGo]

[quote=cooprider]This time really is different. Prices started falling before the jobs market showed any weakness. Now with unemployment mounting a bottom looks nowhere in sight.[/quote]

Plus, rents will surely face enormous downward pressure going forward, which will just crush the RE “bottom fishers” of 2008. Wait until those folks start to panic.

[HereWeGo]

[quote=cooprider]This time really is different. Prices started falling before the jobs market showed any weakness. Now with unemployment mounting a bottom looks nowhere in sight.[/quote]

Plus, rents will surely face enormous downward pressure going forward, which will just crush the RE “bottom fishers” of 2008. Wait until those folks start to panic.

[4plexowner]

Borat: you look funny and your mama dresses you in silly clothes (especially that bathing suit!)

[I can’t argue with your facts so I am reduced to name calling]

[4plexowner]

Borat: you look funny and your mama dresses you in silly clothes (especially that bathing suit!)

[I can’t argue with your facts so I am reduced to name calling]

[4plexowner]

Borat: you look funny and your mama dresses you in silly clothes (especially that bathing suit!)

[I can’t argue with your facts so I am reduced to name calling]

[4plexowner]

Borat: you look funny and your mama dresses you in silly clothes (especially that bathing suit!)

[I can’t argue with your facts so I am reduced to name calling]

[4plexowner]

Borat: you look funny and your mama dresses you in silly clothes (especially that bathing suit!)

[I can’t argue with your facts so I am reduced to name calling]

[peterb]

I’ve said it at least a dozen times on this site…when unemployment goes past 7%, CA RE starts to tank. It’s on record for the last 3 recessions. This is gonna be a mega-tank year.

[peterb]

I’ve said it at least a dozen times on this site…when unemployment goes past 7%, CA RE starts to tank. It’s on record for the last 3 recessions. This is gonna be a mega-tank year.

[peterb]

I’ve said it at least a dozen times on this site…when unemployment goes past 7%, CA RE starts to tank. It’s on record for the last 3 recessions. This is gonna be a mega-tank year.

[peterb]

I’ve said it at least a dozen times on this site…when unemployment goes past 7%, CA RE starts to tank. It’s on record for the last 3 recessions. This is gonna be a mega-tank year.

[Author]

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