Beach
Well-Known Member
Wow, can’t say I see any of that. I’m not in tune on food stamps or repo market so not aware there, but starter jobs and even fast food job pay is up big in some areas. I’m in NV but also CA quite a bit, Silicon Valley area is cranking like always. Jobs pay a ton and real estate values there (and NV, AZ, etc) are way up. Commercial is only bad in subprime office - B/C quality, top A quality ones are fine and multifam is very hot. Maybe NY is a bigger challenge, I know SF was too but way overblown by the media. Interesting to have such different perspectives, I’m quasi retired (age wise anyway) and work for myself so pretty insulated perhaps. Regardless, hope you are good and have continued success.well I guess if you are looking at the stock market we should all be rich LOL
but at the same time 1/3 of this country is behind 1 or more mortgage payments, and there are now more repos than tow truck drivers, N.Y and Ca are hopeless ... last I heard it was something like 27% of the state of N.Y was on food stamps, ya economy is really kicking ass
dont get me started on commercial real estate that will never come back
there is only one way to start this reset they know it we know it, its a world war this way the ones that caused the failure can point fingers away from them and say see the Russians did it LOL
there is no soft landing now it was a business joke to kick the can down the road and it worked
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