Sense of something wrong

[moneymaker]

Not really OT but wasn’t sure which category was best. Lately driving around I’ve noticed a lot of commercial property sitting empty for a long time. Anyone else get a feeling that the pain is just starting to come around. Without government intervention looks to me like we’re about to restart another recession which would violate the historical norm of having a recovery period last atleast as long as the last recession.

[SD Realtor]

Seems pretty obvious to me that the so called recovery we started was simply the response to stimulus. Perhaps enduring the hard times of a recession/depression and not burrowing further and further into debt may be the bad medicine that will lead to a true recovery rather then simply building up more debt. Pretty much the US and Europe are essentially insolvent. Stimulating insolvent nations with worthless currency doesn’t really solve problems as we are learning.

[SD Realtor]

Seems pretty obvious to me that the so called recovery we started was simply the response to stimulus. Perhaps enduring the hard times of a recession/depression and not burrowing further and further into debt may be the bad medicine that will lead to a true recovery rather then simply building up more debt. Pretty much the US and Europe are essentially insolvent. Stimulating insolvent nations with worthless currency doesn’t really solve problems as we are learning.

[SD Realtor]

Seems pretty obvious to me that the so called recovery we started was simply the response to stimulus. Perhaps enduring the hard times of a recession/depression and not burrowing further and further into debt may be the bad medicine that will lead to a true recovery rather then simply building up more debt. Pretty much the US and Europe are essentially insolvent. Stimulating insolvent nations with worthless currency doesn’t really solve problems as we are learning.

[SD Realtor]

Seems pretty obvious to me that the so called recovery we started was simply the response to stimulus. Perhaps enduring the hard times of a recession/depression and not burrowing further and further into debt may be the bad medicine that will lead to a true recovery rather then simply building up more debt. Pretty much the US and Europe are essentially insolvent. Stimulating insolvent nations with worthless currency doesn’t really solve problems as we are learning.

[SD Realtor]

Seems pretty obvious to me that the so called recovery we started was simply the response to stimulus. Perhaps enduring the hard times of a recession/depression and not burrowing further and further into debt may be the bad medicine that will lead to a true recovery rather then simply building up more debt. Pretty much the US and Europe are essentially insolvent. Stimulating insolvent nations with worthless currency doesn’t really solve problems as we are learning.

[UCGal]

If you drive around Sorrento Valley/Mesa you’ll see that most buildings have For Lease banners across them. (Except the Q buildings, lol)

My husbands firm (architect) has done a lot of tenant fit-out work in the past, but there aren’t a lot of commercial/business spaces being modified for new tenants compared to 5-10 years ago. Most businesses are ‘sheltering in place’, downsizing, and renegotiating their leases. (His employer did that – has given up 2/3’s of their office space as the business has shrunk.)

[UCGal]

If you drive around Sorrento Valley/Mesa you’ll see that most buildings have For Lease banners across them. (Except the Q buildings, lol)

My husbands firm (architect) has done a lot of tenant fit-out work in the past, but there aren’t a lot of commercial/business spaces being modified for new tenants compared to 5-10 years ago. Most businesses are ‘sheltering in place’, downsizing, and renegotiating their leases. (His employer did that – has given up 2/3’s of their office space as the business has shrunk.)

[UCGal]

If you drive around Sorrento Valley/Mesa you’ll see that most buildings have For Lease banners across them. (Except the Q buildings, lol)

My husbands firm (architect) has done a lot of tenant fit-out work in the past, but there aren’t a lot of commercial/business spaces being modified for new tenants compared to 5-10 years ago. Most businesses are ‘sheltering in place’, downsizing, and renegotiating their leases. (His employer did that – has given up 2/3’s of their office space as the business has shrunk.)

[UCGal]

If you drive around Sorrento Valley/Mesa you’ll see that most buildings have For Lease banners across them. (Except the Q buildings, lol)

My husbands firm (architect) has done a lot of tenant fit-out work in the past, but there aren’t a lot of commercial/business spaces being modified for new tenants compared to 5-10 years ago. Most businesses are ‘sheltering in place’, downsizing, and renegotiating their leases. (His employer did that – has given up 2/3’s of their office space as the business has shrunk.)

[UCGal]

If you drive around Sorrento Valley/Mesa you’ll see that most buildings have For Lease banners across them. (Except the Q buildings, lol)

My husbands firm (architect) has done a lot of tenant fit-out work in the past, but there aren’t a lot of commercial/business spaces being modified for new tenants compared to 5-10 years ago. Most businesses are ‘sheltering in place’, downsizing, and renegotiating their leases. (His employer did that – has given up 2/3’s of their office space as the business has shrunk.)

[CA renter]

[quote=SD Realtor]Seems pretty obvious to me that the so called recovery we started was simply the response to stimulus. Perhaps enduring the hard times of a recession/depression and not burrowing further and further into debt may be the bad medicine that will lead to a true recovery rather then simply building up more debt. Pretty much the US and Europe are essentially insolvent. Stimulating insolvent nations with worthless currency doesn’t really solve problems as we are learning.[/quote]

You’ve nailed it again, SDR.

You’d think most people should be able to grasp this, wouldn’t you?

Just think, a few years ago, some of us were saying that we had to go through a rather brutal deflationary recession/depression in order to find a solid foundation from which to build a *sustainable* economic recovery. We said back then, *before any of the nonsensical and entirely unethical bailouts that have/will cost us trillions of dollars* that any government interference in propping up asset prices would **prolong and worsen** the recession/depression over the long run.

We aren’t going to see a recovery until we endure the pain that the past few decades of too much debt/over-leveraging have caused us. We need to unwind the debt and the excess capacity, and we need to begin rewarding labor and productivity vs. gambling and speculation. It really is that simple.

[CA renter]

[quote=SD Realtor]Seems pretty obvious to me that the so called recovery we started was simply the response to stimulus. Perhaps enduring the hard times of a recession/depression and not burrowing further and further into debt may be the bad medicine that will lead to a true recovery rather then simply building up more debt. Pretty much the US and Europe are essentially insolvent. Stimulating insolvent nations with worthless currency doesn’t really solve problems as we are learning.[/quote]

You’ve nailed it again, SDR.

You’d think most people should be able to grasp this, wouldn’t you?

Just think, a few years ago, some of us were saying that we had to go through a rather brutal deflationary recession/depression in order to find a solid foundation from which to build a *sustainable* economic recovery. We said back then, *before any of the nonsensical and entirely unethical bailouts that have/will cost us trillions of dollars* that any government interference in propping up asset prices would **prolong and worsen** the recession/depression over the long run.

We aren’t going to see a recovery until we endure the pain that the past few decades of too much debt/over-leveraging have caused us. We need to unwind the debt and the excess capacity, and we need to begin rewarding labor and productivity vs. gambling and speculation. It really is that simple.

[CA renter]

[quote=SD Realtor]Seems pretty obvious to me that the so called recovery we started was simply the response to stimulus. Perhaps enduring the hard times of a recession/depression and not burrowing further and further into debt may be the bad medicine that will lead to a true recovery rather then simply building up more debt. Pretty much the US and Europe are essentially insolvent. Stimulating insolvent nations with worthless currency doesn’t really solve problems as we are learning.[/quote]

You’ve nailed it again, SDR.

You’d think most people should be able to grasp this, wouldn’t you?

Just think, a few years ago, some of us were saying that we had to go through a rather brutal deflationary recession/depression in order to find a solid foundation from which to build a *sustainable* economic recovery. We said back then, *before any of the nonsensical and entirely unethical bailouts that have/will cost us trillions of dollars* that any government interference in propping up asset prices would **prolong and worsen** the recession/depression over the long run.

We aren’t going to see a recovery until we endure the pain that the past few decades of too much debt/over-leveraging have caused us. We need to unwind the debt and the excess capacity, and we need to begin rewarding labor and productivity vs. gambling and speculation. It really is that simple.

[CA renter]

[quote=SD Realtor]Seems pretty obvious to me that the so called recovery we started was simply the response to stimulus. Perhaps enduring the hard times of a recession/depression and not burrowing further and further into debt may be the bad medicine that will lead to a true recovery rather then simply building up more debt. Pretty much the US and Europe are essentially insolvent. Stimulating insolvent nations with worthless currency doesn’t really solve problems as we are learning.[/quote]

You’ve nailed it again, SDR.

You’d think most people should be able to grasp this, wouldn’t you?

Just think, a few years ago, some of us were saying that we had to go through a rather brutal deflationary recession/depression in order to find a solid foundation from which to build a *sustainable* economic recovery. We said back then, *before any of the nonsensical and entirely unethical bailouts that have/will cost us trillions of dollars* that any government interference in propping up asset prices would **prolong and worsen** the recession/depression over the long run.

We aren’t going to see a recovery until we endure the pain that the past few decades of too much debt/over-leveraging have caused us. We need to unwind the debt and the excess capacity, and we need to begin rewarding labor and productivity vs. gambling and speculation. It really is that simple.

[Author]

Posts