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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (44704)11/3/2005 12:48:11 PM
From: CalculatedRisk  Read Replies (1) of 110194
 
This is interesting on OC employment ...

Mortgage lenders see profits shrink
ocregister.com

Excerpt: "Lenders and related businesses added 15,000 workers - a 42 percent jump - in the past four years. One in four jobs created in [Orange County, CA] since 2001 have been in lending-related fields."

That is just the lending related jobs ... how about construction, RE agents, etc.? What happens when the boom unwinds?
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