tag:blogger.com,1999:blog-22535876.post114227851194871404..comments2023-10-20T07:59:45.124-07:00Comments on Sonoma Housing Bubble : Show Me the Money...Athenahttp://www.blogger.com/profile/15944962059749126687noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-22535876.post-1142316511094980342006-03-13T22:08:00.000-08:002006-03-13T22:08:00.000-08:00MV- also the unemployment don't count the underemp...MV- also the unemployment don't count the underemployed. Those especially that were in the tech industry in Sonoma County and who had to take jobs in other industries paying them significantly less. there was that great article last month about the recruiter talking about how these folks finally got jobs, many of them after many months of being unemployed and they are getting used to the fact that their old salaries aren't coming back and making do on less.<BR/><BR/>so even when they talk about companies adding jobs... what kind of jobs were added? And what ones went away? And how comparable are the salaries?Athenahttps://www.blogger.com/profile/15944962059749126687noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-1142307820480958062006-03-13T19:43:00.000-08:002006-03-13T19:43:00.000-08:00If you look at the Frey Demographic Data..... Thou...If you look at the Frey Demographic Data..... Thousands are always moving into California and Thousands are always moving out.<BR/><BR/>Question: Are the poor or less financially endowed the ones who move out while the wealthy and rich retirees move in?<BR/><BR/>Also what is with the big influx from Asia of people with mega bucks?<BR/><BR/>Also it seems to me that the "hippie wierdo" era has been replaced by liberal yuppies who secretly love PROP 13 because it allows them to live in Calif with low taxes. An interesting side bar is that a number of properties that were owned by religious kook groups are now up for sale in California.... Did these people shave, bathe, and get normal jobs or did they just move to Eureka?<BR/><BR/>Anyway the demographic shifts affecting California are interesting to study....<BR/><BR/>My theory: the wealthy will always gravitate to California for its climate. Just look at the people on the Forbes Billionaires list... And look at those who chose California over other places like Florida even with Florida's better tax climate.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22535876.post-1142298046141720042006-03-13T17:00:00.000-08:002006-03-13T17:00:00.000-08:00More great work. One interesting thing I find, is ...More great work. One interesting thing I find, is the fact that when many people fall off the unemployment rolls because their time is up and they haven't found work, they're not counted as unemployed anymore. Since this administration doesn't do "extensions" there is a whole iceberg of the jobless out there that the housing "Titanic" is heading straight for. There aren't enough lifeboats on this one either. Once the RE market truly tanks we're going to see how many of these long term unemployed have been staying alive.moonvalleyhttps://www.blogger.com/profile/12058991195867052788noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-1142285677683933662006-03-13T13:34:00.000-08:002006-03-13T13:34:00.000-08:00That first graph is startling. Of course, someone ...That first graph is startling. Of course, someone is going to come along and explain why the ordinate should be on a logarithmic scale. But still...<BR/><BR/>Marinite<BR/><A HREF="http://marinrealestatebubble.blogspot.com/" REL="nofollow">Marin Real Estate Bubble</A>Marinitehttps://www.blogger.com/profile/01778945220593425787noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-1142285603869779772006-03-13T13:33:00.001-08:002006-03-13T13:33:00.001-08:00I don't have a chart yet for that!!! LOL... put o...I don't have a chart yet for that!!! LOL... put one up and I will link it up. :-DAthenahttps://www.blogger.com/profile/15944962059749126687noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-1142281746041446742006-03-13T12:29:00.000-08:002006-03-13T12:29:00.000-08:00Whoa- dont forget job loss in IT! Outsourcing, nea...Whoa- dont forget job loss in IT! Outsourcing, nearshoring, visa workers, layoffs.. <BR/><BR/>Job loss is no longer affecting low paying jobs..Spencerhttps://www.blogger.com/profile/08567664039298394218noreply@blogger.com