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June 3, 2009 at 10:17 AM in reply to: San Diego Fire Chief retires at 53 with $123K/yr pension for life… #410172June 3, 2009 at 10:17 AM in reply to: San Diego Fire Chief retires at 53 with $123K/yr pension for life… #410234
UCGal
Participant[quote=LarryTheRenter]A sole proprieter would have to have a 2 million dollar retirement fund which yields 6% per year which would get you the $10,000 per month..
So obviuosly the fireman/woman didnt kick in this much him/herself…it is the taxpayers that are getting bled.[/quote]
A sole proprietor often has equity in the business that they can sell/cash out when they retire.
I’ve seen it happen a lot. Build a business – sell it, retire on the proceeds.
June 3, 2009 at 10:17 AM in reply to: San Diego Fire Chief retires at 53 with $123K/yr pension for life… #410385UCGal
Participant[quote=LarryTheRenter]A sole proprieter would have to have a 2 million dollar retirement fund which yields 6% per year which would get you the $10,000 per month..
So obviuosly the fireman/woman didnt kick in this much him/herself…it is the taxpayers that are getting bled.[/quote]
A sole proprietor often has equity in the business that they can sell/cash out when they retire.
I’ve seen it happen a lot. Build a business – sell it, retire on the proceeds.
UCGal
Participant[quote=FormerSanDiegan][quote=UCGal]Are you calling the bottom nationally? Regionally? San Diego? Specific neighborhoods?
Just curious.[/quote]
Due to the quantum nature of the phenomena I am measuring and the Heisenberg Uncertainty Principle
I can either hit the time precisely or the location, but not both. Other have concentrated on specific areas, so I am focusing my energy on the specific time.[/quote]I love it!
UCGal
Participant[quote=FormerSanDiegan][quote=UCGal]Are you calling the bottom nationally? Regionally? San Diego? Specific neighborhoods?
Just curious.[/quote]
Due to the quantum nature of the phenomena I am measuring and the Heisenberg Uncertainty Principle
I can either hit the time precisely or the location, but not both. Other have concentrated on specific areas, so I am focusing my energy on the specific time.[/quote]I love it!
UCGal
Participant[quote=FormerSanDiegan][quote=UCGal]Are you calling the bottom nationally? Regionally? San Diego? Specific neighborhoods?
Just curious.[/quote]
Due to the quantum nature of the phenomena I am measuring and the Heisenberg Uncertainty Principle
I can either hit the time precisely or the location, but not both. Other have concentrated on specific areas, so I am focusing my energy on the specific time.[/quote]I love it!
UCGal
Participant[quote=FormerSanDiegan][quote=UCGal]Are you calling the bottom nationally? Regionally? San Diego? Specific neighborhoods?
Just curious.[/quote]
Due to the quantum nature of the phenomena I am measuring and the Heisenberg Uncertainty Principle
I can either hit the time precisely or the location, but not both. Other have concentrated on specific areas, so I am focusing my energy on the specific time.[/quote]I love it!
UCGal
Participant[quote=FormerSanDiegan][quote=UCGal]Are you calling the bottom nationally? Regionally? San Diego? Specific neighborhoods?
Just curious.[/quote]
Due to the quantum nature of the phenomena I am measuring and the Heisenberg Uncertainty Principle
I can either hit the time precisely or the location, but not both. Other have concentrated on specific areas, so I am focusing my energy on the specific time.[/quote]I love it!
UCGal
ParticipantMy husband’s an architect. In previous downturns they could keep offices running on doing tenant fit-outs. There’s none of that now.
I saw on Calculated Risk a discussion of CRE in northern VA – they talked about “see through buildings” – brand new commercial office buildings that dont’ have tenents – so you can see through from one side to the other on multiple floors. There’s a LOT of those here in San Diego now. (SE corner of 805 and 52 has an example).
CRE is hurting.
UCGal
ParticipantMy husband’s an architect. In previous downturns they could keep offices running on doing tenant fit-outs. There’s none of that now.
I saw on Calculated Risk a discussion of CRE in northern VA – they talked about “see through buildings” – brand new commercial office buildings that dont’ have tenents – so you can see through from one side to the other on multiple floors. There’s a LOT of those here in San Diego now. (SE corner of 805 and 52 has an example).
CRE is hurting.
UCGal
ParticipantMy husband’s an architect. In previous downturns they could keep offices running on doing tenant fit-outs. There’s none of that now.
I saw on Calculated Risk a discussion of CRE in northern VA – they talked about “see through buildings” – brand new commercial office buildings that dont’ have tenents – so you can see through from one side to the other on multiple floors. There’s a LOT of those here in San Diego now. (SE corner of 805 and 52 has an example).
CRE is hurting.
UCGal
ParticipantMy husband’s an architect. In previous downturns they could keep offices running on doing tenant fit-outs. There’s none of that now.
I saw on Calculated Risk a discussion of CRE in northern VA – they talked about “see through buildings” – brand new commercial office buildings that dont’ have tenents – so you can see through from one side to the other on multiple floors. There’s a LOT of those here in San Diego now. (SE corner of 805 and 52 has an example).
CRE is hurting.
UCGal
ParticipantMy husband’s an architect. In previous downturns they could keep offices running on doing tenant fit-outs. There’s none of that now.
I saw on Calculated Risk a discussion of CRE in northern VA – they talked about “see through buildings” – brand new commercial office buildings that dont’ have tenents – so you can see through from one side to the other on multiple floors. There’s a LOT of those here in San Diego now. (SE corner of 805 and 52 has an example).
CRE is hurting.
UCGal
ParticipantAre you calling the bottom nationally? Regionally? San Diego? Specific neighborhoods?
Just curious.
UCGal
ParticipantAre you calling the bottom nationally? Regionally? San Diego? Specific neighborhoods?
Just curious.
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