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Jan 24, 2022
10:04
:49
am
CSoul
Intervention Needed
One thing I'm seeing happen right now, probably precipitated from the market turning, is the labor market is loosening.
Big companies are scaling down hiring and not offering as many or even interviewing as many. Bit of tightening belts.
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CSoul
Previous username
tsm26
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CSoul
Joined
Nov 20, 2005
Last login
May 23, 2022
Total posts
51,883 (9,970 FO)
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Messages
Author
Time
One thing I'm seeing happen right now, probably precipitated from the market turning, is the labor market is loosening.
CSoul
Intervention Needed
Jan 24, 10:04am
I think we’re heading into a downturn. Hope it’s not severe, but I could see it
stenso
Jan 24, 10:13am
You think!! This has been going on for six months, with no end in site.
delete_king
Jan 24, 10:37am
I keep saying “Get your houses in order”. PS- I keep getting mocked and told that this time it’s different. Guess what,
BR549
Jan 24, 10:23am
100% agree. I can see a lot of pain for people who bought cars and homes well
Ycrazy
Jan 24, 10:30am
No pain IF you paid cash like the smart people.
grandpacoug
Jan 24, 10:53am
Smart people pay cash for a house?
Odysseus
Jan 24, 10:58am
At my age, yes...& cars.
grandpacoug
Jan 24, 11:07am
Yeah, buying a cheap house in the 80s and enjoying decades of equity gains you
russkiejedi
Jan 24, 11:09am
I'm confused at your reply. Care to elaborate. I think I provided a lot of good
grandpacoug
Jan 24, 11:59am
The statement that “smart people” buy houses with cash implies that only dumb
russkiejedi
Jan 24, 12:14pm
I agree with you. Leverage made me and others lots of money. Maybe RISK is bette
grandpacoug
Jan 24, 12:34pm
"It's different because there are no bad loans being given."
crack
Jan 24, 10:38am
I think the response you get may depend on what people think you mean by that
russkiejedi
Jan 24, 10:45am
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