enterprisebbc
Silver Member
I dont know anyone out of work except me. I'm retired
I have a nephew that just got out of the military 3 or 4 months ago. He was in for 13 years, so got a little rank and decent paycheck there. Now as a civilian, he can find plenty of a jobs available that want him / his experience, but not one he can support his family on.
So don't assume that everyone that doesn't have a job, and can't find one, is a dead beat just looking for a handout.
So don't assume that everyone that doesn't have a job, and can't find one, is a dead beat just looking for a handout.
Right on!!! There are lots of folks who are capable of working at levels way above what they currently have but can't get a chance due to lousy circumstances. It shows good character when you see folks doing ANYTHING they can to get a paycheck, however small, as opposed to waiting for Gov to take care of them.
A friend of mine has a son that got into California real estate and had over 30 employees before the balloon burst and then he lost everything and ended up living with mom and dad until dad bought him a place to live. The kid had no idea that there could possibly be a down side as all he had ever seen in California real estate was appreciate appreciate appreciate so no set aside for hard times as he was blissfully unaware there could be hard times.
Well he is back at it again poorer and wiser but working his tail off in real estate trying to make his own way and pay back dad. It takes courage to get knocked down by an unexpected gust of reality, lick your wounds and then get back on the horse and go hellbent for leather again.
Pat
The California Real Estate market is what hurt Oregon and Washington. Californians would sell their inflated value property and buy property in Rural areas of Oregon. I know of two cases where they stopped and asked owners of property offering an outrageous amount of money.
If the property was listed they paid the full asking price thinking it was a good deal. The value of property here had been going down since the Timber industry and mining tanked. (Environmentalists). Oregon doesn't allow much subdivision outside the city growth areas. So the only alternative if your not making money is to sell. Those selling moved on. On the Days Creek, Tiller, Trail, Or., road most property's were bought at increased prices by Californians.
I had a BIL that lived in CA. at that time. He had a house built and it increased $10,000 each month during it's construction. It was worth three times it's original value when he sold it. Twelve years later. He already had property in Oregon, but bought bigger at an inflated price.
I don't know anyone now, but a year ago it was my best friend. He was out of work for over 18 months. He lost his job when his company downsized when the economy tanked. He had experience as a parts counterman, building maintenance technician and office manager/service writer, and is one of the hardest working people I know. He sent out 5 to 10 resumes a day and never heard back from anyone.
As a result he lost his house, and owed money on some credit cards, and to the gas, electric, and water companies, was well as couple of doctors for a prior surgery. He was barely making ends meet when he lost his job, so flipping burgers or working at one of the big box stores wouldn't have helped. He did draw unemployment and also received some state funded medical coverage. Why shouldn't he take advantage of it, after all he earned it after paying into it for over 40 years.
A year ago a position opened up at the company I work for and he got the job. The first thing he did was to start paying off all of the debts that he owed even though they had been written off by those companies.
So don't assume that everyone that doesn't have a job, and can't find one, is a dead beat just looking for a handout.
if he was barely making ends meet with that job, was he living above his means?
Did HE really pay into that fund or was that a tax paid by his employer? Many people think THEY paid into their states unemployment system when they really did not.
I commend him for paying off his debts. They're really still his, even if written off as uncollectable. I hope he makes it and prospers.
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Some would say Oregon and Washington reaped a windfall from California money...
I would love for Oregonians and Washingtonians to come pay over market for my California Real Estate...
Municipalities are always trying to lure outside capital and Californians exported a ton of capital throughout much of the country.