Forum Replies Created
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(former)FormerSanDiegan
Participant[quote=DWCAP]
I guess the real issue is that most of us were hoping for “our” time, a time when people who saved would be rewarded. But when is life ever fair? [/quote]I am having a hard time figuring out why the prudent saver who is looking for a house for his/her family to live in is not being rewarded. If you have been waiting out the bubble and have been saving, your time is arriving. Recognize it.
Consider this, if you have been sitting out the bubble :
1. Prices down 25-40% in San Diego since 2005, currently at inflation-adjusted levels last seen in ~2001.
2. Interest rates are down to the 5% or lower levels.
Assuming prices have dropped by 35% or so, and mortgage costs have dropped by at least 20% for fixed rate mortgages. That is nearly a 50% drop in monthly costs for a comparable home.
If you have been sitting out the bubble, looking for an opportunity to prudently deploy your savings and are whining now about these circumstances, you cannot be helped.
Participant“I am not online then how can I use it?”
I am pretty sure that if you want to use an online calculator that you need to be online to do so.
Participant“I am not online then how can I use it?”
I am pretty sure that if you want to use an online calculator that you need to be online to do so.
Participant“I am not online then how can I use it?”
I am pretty sure that if you want to use an online calculator that you need to be online to do so.
Participant“I am not online then how can I use it?”
I am pretty sure that if you want to use an online calculator that you need to be online to do so.
Participant“I am not online then how can I use it?”
I am pretty sure that if you want to use an online calculator that you need to be online to do so.
Participant[quote=sdduuuude] Employment always recovers in the middle or towards the end of a recession. If he’s thinking 2011, that could mean a 4 or 5-year recession. [/quote]
Not true. Employment typically recovers after recessions have ended. And in some cases long after the recession ended. The reason is simple: companies do not add staff before seeing an increase in demand for their goods or service.
Recent examples …
Recession of July 1990 to March 1991, but Unemployment rate peaked in 1992.
Early 1980s Recession : January-July 1980 and July 1981-November 1982: 2 years total. Peak Unemployment 1982.
Recession 1973-1975, Unemployment peaked in 1975.
Participant[quote=sdduuuude] Employment always recovers in the middle or towards the end of a recession. If he’s thinking 2011, that could mean a 4 or 5-year recession. [/quote]
Not true. Employment typically recovers after recessions have ended. And in some cases long after the recession ended. The reason is simple: companies do not add staff before seeing an increase in demand for their goods or service.
Recent examples …
Recession of July 1990 to March 1991, but Unemployment rate peaked in 1992.
Early 1980s Recession : January-July 1980 and July 1981-November 1982: 2 years total. Peak Unemployment 1982.
Recession 1973-1975, Unemployment peaked in 1975.
Participant[quote=sdduuuude] Employment always recovers in the middle or towards the end of a recession. If he’s thinking 2011, that could mean a 4 or 5-year recession. [/quote]
Not true. Employment typically recovers after recessions have ended. And in some cases long after the recession ended. The reason is simple: companies do not add staff before seeing an increase in demand for their goods or service.
Recent examples …
Recession of July 1990 to March 1991, but Unemployment rate peaked in 1992.
Early 1980s Recession : January-July 1980 and July 1981-November 1982: 2 years total. Peak Unemployment 1982.
Recession 1973-1975, Unemployment peaked in 1975.
Participant[quote=sdduuuude] Employment always recovers in the middle or towards the end of a recession. If he’s thinking 2011, that could mean a 4 or 5-year recession. [/quote]
Not true. Employment typically recovers after recessions have ended. And in some cases long after the recession ended. The reason is simple: companies do not add staff before seeing an increase in demand for their goods or service.
Recent examples …
Recession of July 1990 to March 1991, but Unemployment rate peaked in 1992.
Early 1980s Recession : January-July 1980 and July 1981-November 1982: 2 years total. Peak Unemployment 1982.
Recession 1973-1975, Unemployment peaked in 1975.
Participant[quote=sdduuuude] Employment always recovers in the middle or towards the end of a recession. If he’s thinking 2011, that could mean a 4 or 5-year recession. [/quote]
Not true. Employment typically recovers after recessions have ended. And in some cases long after the recession ended. The reason is simple: companies do not add staff before seeing an increase in demand for their goods or service.
Recent examples …
Recession of July 1990 to March 1991, but Unemployment rate peaked in 1992.
Early 1980s Recession : January-July 1980 and July 1981-November 1982: 2 years total. Peak Unemployment 1982.
Recession 1973-1975, Unemployment peaked in 1975.
ParticipantThanks.
Do you expect the recession to end by 2Q 2009 or later ?
ParticipantThanks.
Do you expect the recession to end by 2Q 2009 or later ?
ParticipantThanks.
Do you expect the recession to end by 2Q 2009 or later ?
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