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


To: Lizzie Tudor who wrote (11906)7/30/2003 4:45:19 PM
From: Elroy JetsonRead Replies (2) | Respond to of 306849
 
I think you're itching to buy real estate in the wrong place.

Here's a lovely beach-front home in India, just outside Bombay, for $208,000

nrihomes.com

Now you know why Tradelite lives in Bangalore,India. Just a few miles west of the Al-Queda Compound.



To: Lizzie Tudor who wrote (11906)7/30/2003 4:53:49 PM
From: MulhollandDriveRespond to of 306849
 
biz.yahoo.com

if you read the above linked article, what one wonders about is if a lot of this job churn (and subsequent hiring)may be a concerted effort on the part of business to eliminate the inflated salaries that were paid during the bubble...... as recruiters are saying less money is being offered for similar positions...so in a sense the job loss may be in a perverse sort of way overstated.

of course it becomes a matter of economic survival for the corporations as the capacity is still outstripping demand. so i makes sense to reduce the more expensive workers and rehire at a lower cost...

should be a big boon to housing <g>



To: Lizzie Tudor who wrote (11906)7/30/2003 5:53:43 PM
From: J. P.Read Replies (1) | Respond to of 306849
 
IMO, we are already past the end game with tech outsourcing. It's all over except for the cryin'. I really don't think anyone should base their plans on a reversal of the offshore trend. Even over here, I've been at about 20 different fortune 1000 client sites this year, and really, most of the tech workers are Indian.

I think the American tech workers that survive will be innovators who start their own businesses. Perhaps from these grass roots enterprises some groundbreaking innovations will occur that give rise to whole new industries.