Nexrade,OT:"Is this true?. Don't remember which thread, it said: "$300/annual salary engineers (EE/IT) eager to work for US companies".
Holly Mo-Mo, my impression was '$3K/yr to $10k/yr', from China and India. Where this '$300/yr' come from?
I think it is a 'smoke-screen' to lower the salary in US.
This is really bullish for US corporations and RealEstates.
The demand in housing will be so great, Fed is devising new kind of mortgage, ie: '$0-down, No-payment' bag-holder mortgage, there is no reason $350-500K+ starter home in Chicago, won't becomre $1M soon.
This is NO JOKE.
There is no liability. You just live in a house free, until next guy pickup the 'no-payment ,$0-down' bag-holder mortgage, when you don't like the pressure of holding the bag.
Too good to be true!!! Not really. Think about it, you are part of the scheme for US to funnel money into the "SYSTEM". As a reward for participating the grand scheme of thing, you are provided free housing for the effort.
Government may guarrantee it won't hurt your credit (idiot, no one needs credit in US).
This is no ENRON, this is the FED, so don't worry. |