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Nor-LA-SD-guy
ParticipantYea That’s the problem, neither Audi or BMW make a decent pickup
ParticipantYea That’s the problem, neither Audi or BMW make a decent pickup
ParticipantYea That’s the problem, neither Audi or BMW make a decent pickup
ParticipantYea That’s the problem, neither Audi or BMW make a decent pickup
ParticipantI know a few colleagues that got laid off almost 2 years ago doing this now, They don’t seem to be enjoying it much as they are still actively looking for work in our field ( I know this because they ask for references) , The last I talked to them about it (a few months back) they were surviving , making a little money doing this, but it seemed very risky to me, I guess the secret is to not try to flip anything that won’t cash flow, that way you may get lucky and not go broke doing it.
ParticipantI know a few colleagues that got laid off almost 2 years ago doing this now, They don’t seem to be enjoying it much as they are still actively looking for work in our field ( I know this because they ask for references) , The last I talked to them about it (a few months back) they were surviving , making a little money doing this, but it seemed very risky to me, I guess the secret is to not try to flip anything that won’t cash flow, that way you may get lucky and not go broke doing it.
ParticipantI know a few colleagues that got laid off almost 2 years ago doing this now, They don’t seem to be enjoying it much as they are still actively looking for work in our field ( I know this because they ask for references) , The last I talked to them about it (a few months back) they were surviving , making a little money doing this, but it seemed very risky to me, I guess the secret is to not try to flip anything that won’t cash flow, that way you may get lucky and not go broke doing it.
ParticipantI know a few colleagues that got laid off almost 2 years ago doing this now, They don’t seem to be enjoying it much as they are still actively looking for work in our field ( I know this because they ask for references) , The last I talked to them about it (a few months back) they were surviving , making a little money doing this, but it seemed very risky to me, I guess the secret is to not try to flip anything that won’t cash flow, that way you may get lucky and not go broke doing it.
ParticipantI know a few colleagues that got laid off almost 2 years ago doing this now, They don’t seem to be enjoying it much as they are still actively looking for work in our field ( I know this because they ask for references) , The last I talked to them about it (a few months back) they were surviving , making a little money doing this, but it seemed very risky to me, I guess the secret is to not try to flip anything that won’t cash flow, that way you may get lucky and not go broke doing it.
ParticipantUCGal,
You are correct, I over estimated the amount of union workers in the 70’s, but they are only about 12% of workers today so their impact has been far diminished, and it was the Owners equivalent rent that was the biggest factor in keeping CPI much higher in the 70’s, it would have been close to 10% inflation if we were still including the cost to buy homes in the 2000’s and that would have forced the fed’s to both raise minimum wage much faster and also keep interest rates much higher during that period.
ParticipantUCGal,
You are correct, I over estimated the amount of union workers in the 70’s, but they are only about 12% of workers today so their impact has been far diminished, and it was the Owners equivalent rent that was the biggest factor in keeping CPI much higher in the 70’s, it would have been close to 10% inflation if we were still including the cost to buy homes in the 2000’s and that would have forced the fed’s to both raise minimum wage much faster and also keep interest rates much higher during that period.
ParticipantUCGal,
You are correct, I over estimated the amount of union workers in the 70’s, but they are only about 12% of workers today so their impact has been far diminished, and it was the Owners equivalent rent that was the biggest factor in keeping CPI much higher in the 70’s, it would have been close to 10% inflation if we were still including the cost to buy homes in the 2000’s and that would have forced the fed’s to both raise minimum wage much faster and also keep interest rates much higher during that period.
ParticipantUCGal,
You are correct, I over estimated the amount of union workers in the 70’s, but they are only about 12% of workers today so their impact has been far diminished, and it was the Owners equivalent rent that was the biggest factor in keeping CPI much higher in the 70’s, it would have been close to 10% inflation if we were still including the cost to buy homes in the 2000’s and that would have forced the fed’s to both raise minimum wage much faster and also keep interest rates much higher during that period.
ParticipantUCGal,
You are correct, I over estimated the amount of union workers in the 70’s, but they are only about 12% of workers today so their impact has been far diminished, and it was the Owners equivalent rent that was the biggest factor in keeping CPI much higher in the 70’s, it would have been close to 10% inflation if we were still including the cost to buy homes in the 2000’s and that would have forced the fed’s to both raise minimum wage much faster and also keep interest rates much higher during that period.
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