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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 (39076)8/25/2005 7:04:52 PM
From: MoominoidRead Replies (1) | Respond to of 306849
 
I don't get the comment on H1-Bs. They bring people in, not out... lack of H1-Bs is helping drive more offshoring I am sure. Next year's quota is already exhausted.

On the theme of residential real estate:

theaustralian.news.com.au



To: Lizzie Tudor who wrote (39076)8/25/2005 7:12:05 PM
From: CalculatedRiskRead Replies (2) | Respond to of 306849
 
Floyd Norris: The real key to a housing bubble
iht.com

Some interesting observations ...



To: Lizzie Tudor who wrote (39076)8/25/2005 10:42:07 PM
From: tsigprofitRead Replies (3) | Respond to of 306849
 
good points - and Bill Gates also cries that they
MUST have H1-B visas - more, more, more or they cannot fill
their jobs - what a bunch of BS.
They love to cut costs, or ship the jobs to people making 1/4 or 1/5 of what they make in the US.
Of course, they don't have to pay rent or buy homes at US prices.
The whole system is rigged to implode IMHO, and it will serve the selfish b*stards right.

>>
I'm just sick of CEOs like Jack Welch and Barratt whining about the lack of engineering talent when any idiot can see that engineering is being shunted offshore by these same guys as fast as they can get their paws on the H1Bs and L1s to facilitate the reverse brain drain.