SI
SI
discoversearch

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.
Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (85211)11/10/2010 1:59:32 PM
From: tejek  Read Replies (1) | Respond to of 149317
 
Then in the early 90s the bottom dropped out.......HW Bush defense cutbacks killed the S CA economy. And the area has never come back. In migration turned into out migration and its remained that way to this day. And the reason being the quality of life during the 80s had deteriorated due to Prop 13 and the environmental degradation that was happening with the air. Is something similar happening to FLA?

People are leaving, especially young people. Not sure what the total balance is. But I've said before the business of Florida is population growth. So many people were employed in real estate... builders, agents, title people, labor, suppliers, etc. When it crashed so did employment.


I understand but before there were jobs, there were people moving to FLA because they wanted to be in the sun and surf. That in migration stopped when the national economy fell apart. However, things are picking up all over the country. People are on the move again.....not in the numbers like before but they are moving. That should mean things should be picking up in FLA as well but apparently, its not happening. BTW in the first six months of this year, FLA was one of the top 5 states for job growth.

Maybe its just too soon. I don't know. For the past few months, we have started seeing in migration here again after a two year lapse......same in Portland. That's why I thought it should be picking up for FLA as well....even more so for FLA because of the weather.

Funny we were talking about standard of living yesterday... it's just fine if you're working. You would think to read the news there would be homeless people everywhere, but it seems to me to be about the same as it was 5-10 years ago.

I agree. I think most of our homeless population is made up of people who are mentally disturbed, mentally deficient or addicts.....in other words, pretty dysfunctional. The people who became unemployed in the last two years are still functionable....they were able to come up with alternatives to homelessness.

But attitude.... man everybody is SO negative. Homeowners with good reason... if the average person had a $200K house in '06 that is now worth ~$100k, well, it'll take that person an awful lot of years to save $100k from their paycheck. When you're struggling with a huge mortgage payment on an underwater house it's hard to feel smart or rich. Listen to right wing radio a few times and it's easy to know who to blame; "it's the governments fault", "it's Obama's fault", "it's the elites fault".

The reality is the fault lies much closer to home......the local banker, the local builder, the local planning board, jimbo. It seems no one was doing their job.




To: Road Walker who wrote (85211)11/10/2010 7:20:50 PM
From: Wharf Rat  Read Replies (1) | Respond to of 149317
 
"if the average person had a $200K house in '06 that is now worth ~$100k, well, ", he still has a warm & dry place to eat, and to store and prepare his food, and that is priceless, especially if it has indoor plumbing.