 鲜花( 19)  鸡蛋( 0)
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发表于 2007-4-3 00:40
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No time to argue
I did not mean to offense anybody in this forum.
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* a: D8 m5 X* r8 i( b. o P. eWhen I talked about the chance that a man is laid off, it means that job is a high income job which is suppose to finance the mortgage the house that he bought. If you guys stick to the unemployement rate, that means a fast food restruant job is good enough to support your mortgage?
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Unemployment rate is anything but a ture picture of the economic weather. You talk about post 911 unemployement rate was only 10%, did you realize what happened on high tech, finance, executive jobs ? The impact was so huge the the silicion valley was dying after that.! w9 G, S7 J# f( B8 a5 [
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Maybe you are OK to go to work as a busboy in a Chinese resturant earning 15dollars an hour, however, that does not make sense to regard as a decent job to finance your 400-500k house.. X' t& Q$ u6 h" \, j9 `$ `% J
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As a Chinese, in an engineering company, in a bank, in a business office, your chance is much higher than your white peer to be laid off when economic is not that good. The realistic chance is higher than 50% that you are the first batch of fellows who lost their 100k sallary positions surely becuase you are not one of them.
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I believe my words.
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The up trand for the housing is surely for 3-5 years.8 E7 g J7 y6 I4 t1 B8 `4 y" o
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