[fun4vnay2]

this seems hitting the nail

[fun4vnay2]

SD housing prices can never go down ever now. What happened in the past was a one time thing.
Everyone wants to live in san diego.

I dont see any correction coming for next few decades

I know you have heard this many times before but just forget the last few crashes…

[fun4vnay2]

More rounds of lay offs coming for qcom in SD. The cost cutting has just begun

[fun4vnay2]

In this era of information overload, boom n bust cycles are sped up and magnified as well.
QCOM lay offs won’t impact the engineers who would be laid off which can be in thousands .
Won’t impact==> They won’t have to resort to fire sale. They can easily rent out with +tive cash flow if they need to move out which may be the case most probably.

The real damage would be done by the damage to the psyche which is magnified/sped up during the current time…

[fun4vnay2]

Rightly said CAR.

Central bank is not independent at all.

But the good thing is: People never learn and have short term memory. They always think rising prices of assets are always good

In the next recession, FED won’t have any ammo to deal with unless they increase the rate soon. It is possible, they may not increase.. Let’s wait n watch.

[fun4vnay2]

Market is swinging wildly.
As a big investor in market, I just saved myself from a big save though could not completely avoid it.

It’d be interesting to see how things turn out as the stock valuations are still historically quite high despite this correct.

Don’t think bad stock market or economy or thousands of lay offs in sd qualcomm would have any adverse impact for local san diego economy or housing..

[fun4vnay2]

real estate in socal would never go down.
it’d always go up barring once a decade when it busts..
everyone from all over world wants to live here and this time is truly different 🙂

[fun4vnay2]

As a long timer in IT, I have worn hat as ERP Consultant. I was in Oracle Apps and the rates are same as SAP. It is not that hard to learn and is pretty fun. I no more work in ERP but few of my friends work. It’s not an easy work environment with travel all the time and uncertainty.

I thought about going for SAP but looking at the industry trends in general for heavy duty ERP packages, I decided to go for Cloud Technologies.

[fun4vnay2]

How can cities be big/grow if the cost of living is too high and the jobs are not high paying ?

[fun4vnay2]

This is not true
My friends from qcom had to look for a job but were forced to austin n ba

sd job market scks in general for hi tech like EE,

[fun4vnay2]

[quote=bearishgurl]That’s all well and good, rockingtime, but that comes with the caveat of knowing exactly when to “exit.”

I wish you luck :=)[/quote]

I need luck 🙂
Yeah, I usually make 20% profit in few weeks and exit. Served me well

Last time when china was down, I bought ASHR and made 20% in a day n exited.
It is down today as well, probably more opportunity..

[fun4vnay2]

Here is my take: The reasons for bust is always different every time but the boom/bust is always the same

Been following this forum for long time, It is amusing to see the folks here who used to say 8 years back that it is not different this time are now saying it is different this time.

[fun4vnay2]

Sd is very limited when it comes to finding new opportunities.
Better to have a paycheck n peace of mind in tx then having sleepless nights in sd

[fun4vnay2]

It’s truly different this time 😉

[fun4vnay2]

I see a lot of opportunities for later move and may be a small pay cut as well

Stability is a relative term.

QCOM used to be a permanent employer….

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