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utcsox
ParticipantI think you need to have a suit up Japanese rice rocket in place of Toyota Camry. And make the points of a Japanese rice rocket is a better value because of price per performance and “characters” due to the customization.
What are the analogies for the lizards and walls????
October 17, 2015 at 10:15 PM in reply to: How will Qualcomm layoff impact SD housing market? #790370Participantdelete double post
October 17, 2015 at 10:08 PM in reply to: How will Qualcomm layoff impact SD housing market? #790369Participantbump..
http://www.cbs8.com/story/30283403/san-diego-county-unemployment-rate-lowest-since-2007
Out of control job creation continue in San Diego. At this rate, we will have a lower unemployment rate than Texas next year.
“The September employment report was even better than expected, as the regional economy looks to be picking up speed toward the end of 2015,” said Phil Blair, CEO of the staffing firm Manpower San Diego. “We saw a disappointing national jobs report released earlier this month, but it was just the opposite in San Diego, with outstanding job growth driven by our construction, manufacturing, and technology sectors.”
San Diego County’s economy added 46,900 nonfarm jobs over the past year, with the biggest gain in the professional, scientific and technical sector, which increased by 9,600 positions. Accommodations and food services increased by around 8,000 jobs.”
ParticipantBump. David Brook, Op-Ed Columnist of the NY Times is fed up with the GOP and Trump.
Participant[quote=flu][quote=scaredyclassic]i was kinda thinking id buy a vw diesel stationwagon as my next car. just looked cool. are used ones illegal now? can I get a screaming deal at a dealer?
is VW stock a buy?[/quote]
There will probably be an ecu reprogram that will fix the problem at the cost of lower gas mileage or lower HP/tq… So, the cars will be functionally fine and compliant …But I think there will be a lot of inventory, because I think there will be a lot of ticked of former owners demanding a refund….
Worse though, might be a decision from auto car companies to abandon diesel in the U.S.[/quote]
Is it really a fix if the gas mileage per gallon and performance (HP/Torque) both get worse? If the original car performance is BMW-like and after “the fix”, it drives like a Toyota Prius with gas mileage of a truck. I will not be a happy camper. I
Participant[quote=bobby]but right now US gov is telling VW to bend over (and hold the lube)…[/quote]
if you say so…
Participant[quote=flu]I will go on and admit it… The frontrunners of the GOP are freaking nuts.
Really, this is the best the country can do?
I am predicting this will end up being clinton versus fiorina. Another two nut jobs.
We’re screwed either way.[/quote]
Disagree. Let me fix this for you:
The Republicans base that put those people as the front runners are freaking nuts. Really, this is the best Republicans party can do?
Jeb Bush is still the favorite at this point to win the Republicans nomination.
September 20, 2015 at 7:26 AM in reply to: How will Qualcomm layoff impact SD housing market? #789453ParticipantI wonder why the “corruption sewage from Red China” are not destroying Carlsbad, Encinitas, Cardiff and Solana Beach with “suit of cash”. Can it be these beautiful lizards and the prices of walls are deterrents to them? Other cities in California shall take notes and learn from it to reduce the price bubble!!
September 19, 2015 at 6:04 PM in reply to: How will Qualcomm layoff impact SD housing market? #789445Participant[quote=Rich Toscano]Xbox, I find myself in agreement with you on most things, but I see this one a bit differently.
So far in 2015, San Diego has added 4,800 jobs per month on average. So even if 4k people get laid off from qcom, that’s less than 1 month’s job growth. And that assumes that none of these people will find other jobs in San Diego, which is of course not the case. Given the general state of the tech industry as I see it (which is: techies are in high demand), I would be surprised if even half of the people had to move out of town. Let’s say 40% have to leave — now we are down to about 1 week’s worth of San Diego job growth to replace those folks.
So I just don’t see this as being a big issue for San Diego housing as a whole. It’s a big city.
That said, I could see there being an impact in the surrounding areas that are popular among QCOMers. If enough people need to move, there could be a bit of a mini-glut in that area for a while. But I would view that more as an opportunity for people who are looking to buy in those areas — not as a game changer for the overall housing market.
Do you think I’m missing something?[/quote]
I think the analysis needs to factor in the desirability of areas that are popular among QCOMers. If the housing in these areas have characteristics that are extremely undesirable (i.e too much walls, lizards….) to most buyers, the mini-glut will put severe downward pressure to the housing prices.
Participant[quote=bewildering]That data is confusing
Total labor force=1581519(P)
Employment=1496395(P)
Unemployment=85124(P)It does not seem to add up?
On the topic of rents. 2300+ for 3/2 SFR in Clairemont seems to be normal now. 2300+ for 2/2 condo in UTC also seems normal.[/quote]
What do you mean it does not seem to add up? When you add employment and unemployment together, it equals to the total labor force.
Participanthttp://files.zillowstatic.com/research/public/rental/ZRI.San%20Diego.395056.pdf
FYI, this is the latest San Diego rental market report from Zillow. The annual rent increase is still around 5% for the region. This is hardly surprising if you pay attention to the time series data from the BLS. Look at the number of jobs that are created for the past year from July 2014 to July 2015: there are over 48,200 jobs that was added! And the breakdown of the type of jobs that are added, a 7.4% increase in high paying professional, scientific and technical job. 4% increase in health care. I mean what do you really expect to happen when you have a strong job growth and lacks of new housing inventory unless you think the government is really faking the jobs number….
Moreover, look at the labor force chart. The labor force is increasing rapidly again. Draw your on conclusions what you think will happen in the future.
http://data.bls.gov/timeseries/LAUMT064174000000006?data_tool=XGtable
Participantor you can lived in a 1100 SQFT apartment in Carmel Valley for bargain basement price of $2300+ a month.
http://sandiego.craigslist.org/csd/apa/5207560411.html
or you can spend almost $2800 to live in a nicer apartment in CV.
http://sandiego.craigslist.org/csd/apa/5207917731.html
so ~$2,700 for a 3 br condo is not so bad IMHO. But if you ask rockingtime and his mysterious apartment unit in Mira Mesa, then the rent has not really gone up by much. I mean what do I know?
September 4, 2015 at 12:33 PM in reply to: OT: Battle Ground Zero: Murrieta: Invasion of America #789141Participant[quote=bewildering][quote=FlyerInHi]I’ve been following news from Europe and, overall, the way Germany is welcoming 800,000 to 1 million refugees this year is in such contrast to the way we dealt with the few thousands of women and children who came here last year. Shame on us!
http://www.cnn.com/2015/09/02/europe/europe-migrants-welcome/%5B/quote%5D
Especially lame of both the UK and the USA. The UK and USA created the fiasco in Iraq, Syria and Libya. Germany opposed both the Iraq war, and the bombing in Libya. Now the Germany are taking in the resulting refugees while the UK and USA are doing nothing. The situation is diabolically unfair on the German taxpayers.
If I were the Germans I would sue the USA and UK for money to cover taking in the refugees.[/quote]
I don’t think it’s fair to lump UK with the U.S. together. Cameron has just committed over $100+ million in aides and accepted thousands more refugees. Meanwhile, in the U.S., we need to focus on cutting government spending to reduce the deficit. Offering foreign aides to these people are not as important as reduce the government spending…
Participant[quote=moneymaker][quote=utcsox][quote=moneymaker]It seems to me there are 2 options for the government for stimulus, lower rates or create jobs. Ok already tried to lower rates, now can’t go any lower. So time to create jobs soon, 2 ways to do that also. Hire more government workers/create infrastructure jobs or the Trump strategy (deport the illegals). Neither of these strategies increases GDP so will also ultimately fail. The lowering of rates was suppose to increase jobs by getting businesses to invest with new start ups and such. Problem is most investment has been overseas. Maybe the China problem will stop this, but I doubt it. Ultimately China will start an economic war by dumping dollars and the US will respond with protectionism. Just my 2¢[/quote]
To increase the GDP, you can either
1. Increase the number of workers or
2. Increase the productivity of the workers..I really don’t know where you get the ideas that you can increase GDP by deporting illegal immigrants. Or are you suggesting by deporting the illegal immigrants, the overall productivity of legal workers will suddenly increase?[/quote]
You have to read the next sentence after the bold part, where I say “Neither of these strategies increases GDP so will also ultimately fail”.[/quote]You are right. The whole paragraph you wrote is incoherent; it’s hard to understand what you are trying to say.
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