Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: tony who wrote (7862)	1/5/2003 12:43:47 PM
From: Jim McMannis	Respond to of 306849

RE:"All this implies RE has seen its peak for a Loooong time. Now it is downhill." Well, someone is still buying those house out there in Silicon Valley. Even if they are a little less money. Maybe it's the H1-Bs. Jim

To: tony who wrote (7862)	1/5/2003 9:00:12 PM
From: GraceZ	Respond to of 306849

You think it's good for Americans to prohibit companies from hiring H1-B. I simply was pointing out that prohibiting them will not result in more jobs for Americans, it will encourage companies who want to lower their labor costs to move entire operations overseas in order to save labor costs resulting in even fewer jobs for Americans. Somehow you think that government or the courts can protect you from the labor cost discrepancy, it can't. As you saw with the decline in manufacturing jobs in this country, efficiencies and savings will always be sought. A company that doesn't do this will find itself competing with a foreign company that has lower labor costs.