[The-Shoveler]

Another interesting dynamic IMO has been India’s support for Russia, I wonder how that will play out for the tech industry there as well as H1’s here.

There are a lot of dynamic’s now going to be put in play IMO.

On-shoring everything possible especially tech related.

EV revolution may get slowed down

Interesting how the world can change so fast no-one seems to be keeping up or paying attention.

[The-Shoveler]

Dup

[The-Shoveler]

At a minimum we are back in a Cold War, Globalization as we have known it for over 30 years is over IMO.

Inflation will probably clock in 7-10% over the next year as well.

Europe and USA will strive to become self sufficient in all things.

I don’t think it has sunk in what the end of the previous Cold War did for the world (back to the bad old days).

We will need to do our own dirty jobs, environmentally unfriendly mining/manufacturing instead of getting the Chinese do it for us so we can look all green and everything.

[The-Shoveler]

Dup

[The-Shoveler]

LOL just saw south park “city people”,

No offence SDR JTR it was definitely on topic for this thread

DZ its just my theory that no recessions are allowed after 2009 when the TPTB discovered helicopter money.

[The-Shoveler]

My point, no recession, no way to clear out the excesses.
They just keep growing

[The-Shoveler]

Not really about San Diegans, But not everyone’s a tech worker either so $5 or possibly $7 Gas would hurt at the margins,

But that besides my point, I Just say TPTB will not allow anything that leads to a recession IMO.

In fact I double dog dare TPTB to not ride to the rescue to prevent a recession.

TPTB I know your out there, do it prove me wrong!!

[The-Shoveler]

Speaking of getting back to the commute.

Who wants to bet me that new Gas money relief checks (helicopter money) or maybe some no-commute order are coming soon ?

Just kidding sort of.

[The-Shoveler]

IMO I don’t think I will see another USA recession in my lifetime.

Or at least the next 8-10 years.

[The-Shoveler]

[quote=deadzone]Problem is if there is layoffs at Shopify or whatever it will be due to after effects of market crash and recession from the bursting of the bubble. So in that scenario most of the industry will be laying off.

Back to the original comment, sure there will probably some companies offering fully remote for a while. However, the point is majority of folks are going to be heading back to the office, at least part time, very soon. And the total pool of fully remote workers will be going down from the peak of Covid. How much this affects RE in San Diego, is debatable, but it is not a positive.

Not every employee or engineer can act like an entitled baby and just quit and move to another company because they don’t get their 100% remote gig anymore. That only works now, if at all, because the job market is so tight due to all of the Fed money printing. If/when the Fed turns off the spigot, there will be a recession and the job market will not be tight anymore.[/quote]

IMO recessions are no longer allowed,

They will just send more helicopter money.

Only problem is there is no good way to flush out excesses so they just grow and grow.

[The-Shoveler]

dup

[The-Shoveler]

Back to the Office?

Not so much for my company so far.

IMO 5 days a week in Office is dead for most tech workers, maybe 2-3 days we will see, not sure that would really move the needle as far as SD RE, if they really wanted I am sure most could find work locally.

[The-Shoveler]

Wife was telling me yesterday about nothing special Temecula tract homes going for 1+ million.

I told her she must have been looking at the wrong city.

Maybe I should pay attention next time LOL.

[The-Shoveler]

I Never know quite what to believe about sea level rise.
I think the sort of Official number now is 1 foot in the next 30 years or so.

But I keep seeing these scary articles about Antarctic ICE shelves collapsing etc.. acceleration of this and that.

IMO just plan on 5 tp 10 foot rise over the next 20 years then don’t buy anything unless it 20-30 foot above that (just kidding sort of).

[The-Shoveler]

LOL

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