Forum Replies Created
-
AuthorPosts
-
no_such_reality
Participant[quote=paramount]I’ll say again – Unionize IT workers and never deal with 3rd party recruiters.
[/quote]The union would need to be like SAG. Can you imagine on-going royalty payments IT work?
Or are you thinking more of a UAW style union where the IT workers can put in their time and be told what to do?
I’ve worked in enough big places to know the worst IT workers to deal with are those that are putting in their time.
At the same time, I call BS on H1Bs. The problem with H1Bs isn’t that companies cannot find the skills. They cannot find the skills at the prices they want to pay. And frankly, I’m tired of seeing the semi-sweat shop conditions and questionable arrangements that many H1Bs are placed in by 3rd party contracting firms.
no_such_reality
Participant[quote=paramount]I’ll say again – Unionize IT workers and never deal with 3rd party recruiters.
[/quote]The union would need to be like SAG. Can you imagine on-going royalty payments IT work?
Or are you thinking more of a UAW style union where the IT workers can put in their time and be told what to do?
I’ve worked in enough big places to know the worst IT workers to deal with are those that are putting in their time.
At the same time, I call BS on H1Bs. The problem with H1Bs isn’t that companies cannot find the skills. They cannot find the skills at the prices they want to pay. And frankly, I’m tired of seeing the semi-sweat shop conditions and questionable arrangements that many H1Bs are placed in by 3rd party contracting firms.
no_such_reality
Participant[quote=paramount]I’ll say again – Unionize IT workers and never deal with 3rd party recruiters.
[/quote]The union would need to be like SAG. Can you imagine on-going royalty payments IT work?
Or are you thinking more of a UAW style union where the IT workers can put in their time and be told what to do?
I’ve worked in enough big places to know the worst IT workers to deal with are those that are putting in their time.
At the same time, I call BS on H1Bs. The problem with H1Bs isn’t that companies cannot find the skills. They cannot find the skills at the prices they want to pay. And frankly, I’m tired of seeing the semi-sweat shop conditions and questionable arrangements that many H1Bs are placed in by 3rd party contracting firms.
December 23, 2008 at 8:55 PM in reply to: Effect of record low interest rates on Alt-A resets? #319690no_such_reality
ParticipantLibor is low too, mid-2s. So with margin, overall looking around 5.25% or so.
The Alt-A killer on reset isn’t the reset, it’s the recast for the Option-ARMs when they lose their minimum payment option because they trip the cap.
Something like 2/3rds of the mortgage in SoCal in the last years of the bubble where option ARMS.
December 23, 2008 at 8:55 PM in reply to: Effect of record low interest rates on Alt-A resets? #320041no_such_reality
ParticipantLibor is low too, mid-2s. So with margin, overall looking around 5.25% or so.
The Alt-A killer on reset isn’t the reset, it’s the recast for the Option-ARMs when they lose their minimum payment option because they trip the cap.
Something like 2/3rds of the mortgage in SoCal in the last years of the bubble where option ARMS.
December 23, 2008 at 8:55 PM in reply to: Effect of record low interest rates on Alt-A resets? #320090no_such_reality
ParticipantLibor is low too, mid-2s. So with margin, overall looking around 5.25% or so.
The Alt-A killer on reset isn’t the reset, it’s the recast for the Option-ARMs when they lose their minimum payment option because they trip the cap.
Something like 2/3rds of the mortgage in SoCal in the last years of the bubble where option ARMS.
December 23, 2008 at 8:55 PM in reply to: Effect of record low interest rates on Alt-A resets? #320109no_such_reality
ParticipantLibor is low too, mid-2s. So with margin, overall looking around 5.25% or so.
The Alt-A killer on reset isn’t the reset, it’s the recast for the Option-ARMs when they lose their minimum payment option because they trip the cap.
Something like 2/3rds of the mortgage in SoCal in the last years of the bubble where option ARMS.
December 23, 2008 at 8:55 PM in reply to: Effect of record low interest rates on Alt-A resets? #320192no_such_reality
ParticipantLibor is low too, mid-2s. So with margin, overall looking around 5.25% or so.
The Alt-A killer on reset isn’t the reset, it’s the recast for the Option-ARMs when they lose their minimum payment option because they trip the cap.
Something like 2/3rds of the mortgage in SoCal in the last years of the bubble where option ARMS.
no_such_reality
Participantshow of hands:
discovering a group home one or two doors away would not affect your offer or decision to buy a particular home?
There in is the problem, it’s the single biggest investment 99% of people will ever make and having a group home come in will likely impact their ability to resell.
no_such_reality
Participantshow of hands:
discovering a group home one or two doors away would not affect your offer or decision to buy a particular home?
There in is the problem, it’s the single biggest investment 99% of people will ever make and having a group home come in will likely impact their ability to resell.
no_such_reality
Participantshow of hands:
discovering a group home one or two doors away would not affect your offer or decision to buy a particular home?
There in is the problem, it’s the single biggest investment 99% of people will ever make and having a group home come in will likely impact their ability to resell.
no_such_reality
Participantshow of hands:
discovering a group home one or two doors away would not affect your offer or decision to buy a particular home?
There in is the problem, it’s the single biggest investment 99% of people will ever make and having a group home come in will likely impact their ability to resell.
no_such_reality
Participantshow of hands:
discovering a group home one or two doors away would not affect your offer or decision to buy a particular home?
There in is the problem, it’s the single biggest investment 99% of people will ever make and having a group home come in will likely impact their ability to resell.
December 17, 2008 at 8:44 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #317233no_such_reality
ParticipantIf you buy below rental value, you’ll be fine.
If you buy above rental value, good luck if you have to move.
The low rates may bump or stabalize prices, but eventually, the Fed will have to give up the ghost on holding rates low, when they do, housing will fall under rising rate pressure.
-
AuthorPosts
