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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When 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?2 Y. P% K# z* F2 a1 [
, U" E( K/ G2 \# O$ l. GUnemployment 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.* o2 i7 Y0 V0 @6 }2 v- o
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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.
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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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. ]4 K( W( e2 ]. H- Q- KThe up trand for the housing is surely for 3-5 years.
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$ c+ N* r) o( m# f- BWait or act, it is your choice. |
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