Student Loan Debt?

[two_bit_score]

Could very well be… daily notices of business closings and layoffs…

SF Bay Area

Some are leaving… others letting property go foreclosure, tech downsizing and out of control crime driving out profitable business but not worth the risk for employees and customers.

Cali, the land of milk and honey.

 

[ultrarunner]

Moving maybe to cash out while the getting is good is definitely a factor.

I’d say crime along with high taxes and utilities even more of a reason.

When a new Walmart, Starbucks, In and Out go dark and so many of the established trendy highly rated eateries leave along with scores of small retail walking away it’s clearly circling the drain.

Thing is in 2019 we had finally turned a corner… business wanted to be here and renovation was everywhere… no idea how we recover post pandemic.

Oakland storied Universities also done in by Pandemic restriction… the pool of cash paying foreign students dried up.

The police can do little more the observe and report property crime…

As one officer said this week, “I can witness a smash and grab or theft but have no power to pursue or apprehend using force… so unless the perps willingly pull over… they get away”

It's hard to see so much around crash and burn...

In-N-Out to close first location in its 75-year history due to a wave of car break-ins and robberies

In-N-Out Burger will close its first location in its 75-year history due to a wave of car break-ins and robberies at its only restaurant in Oakland, California.

apnews.com

 

[MossRoad]

Must be regional, because I've seen no relief here.
Our expenses are still way up from a few years ago.

Our expenses are near the same percentage wise due to our wage increases.

 

[Torvy]

Our expenses are near the same percentage wise due to our wage increases.

That may be good for you personally, but those expenses went up for your neighbors on fixed incomes or whose jobs didn't raise pay enough. That's why we use data. Anecdotal evidence is horrible.

 

[lilranch2001]

The King Ranch in Texas is over 800,000 acres.

My Lilranch is 15 acres!

 

[two_bit_score]

That may be good for you personally, but those expenses went up for your neighbors on fixed incomes or whose jobs didn't raise pay enough. That's why we use data. Anecdotal evidence is horrible.

He may have been smoking some wacky weed when he posted.

 

[lilranch2001]

Puff puff….
Pass

 

[jyoutz]

Must be regional, because I've seen no relief here.
Our expenses are still way up from a few years ago.

A lot of things are priced at their new normal. It’s hard to sell a fast burger for $5 when the burger flipper is now making $18+ per hour (starting).

 

[bunchgrass]

Actually, the economy is doing pretty well. Our wages are up, our expenses are back to pre-pandemic percentages, we don't know anyone that is unemployed, our kids have money in their bank accounts, their job and education prospects are fantastic, our investments are doing great... The same situation applies to all of our friends and co-workers that we talk to. There are many new businesses coming to our area, billions in investment in our county. So I just don't see the doom and gloom. Maybe it's regional?

Same here. The doom and gloom is from people trying to paint a political picture based on things they're not experiencing directly but heard someone else they don't know is.

 

[bunchgrass]

Cali, the land of milk and honey.

Still with an economy that ranks in the top 10 COUNTRIES in the world. Just behind Brazil and ahead of Russia.

 

[bunchgrass]

Oh absolutely. Our vet was the richest man in our town that had an everyday job.
There were wealthier people who inherited millions, but our best vet was probably worth 10 million + and that was in the 80’s.
What you fail to understand is vets get paid in cash a lot, so they can play games with declaring income and taxes.

So you know he made his 10 million from practicing vet med? Were you his accountant? Have you ever worked in veterinary medicine? Even in small animal med where people will spend money to keep Fluffy alive another year, that's not pushing anyone towards the million dollar mark.

 

[bunchgrass]

Like I said to butchgrass, it depends on where you live.
I live in an equine rich area. We have 2 billionaires in my area. They love their horses. I don’t say that to brag, I say that to help you understand that vets in MY area can be extremely wealthy.

But the comment was addressing vets make a lot of money. Not true. A few, maybe, as in the case you state. But that's not common.

 

[bunchgrass]

Yeah, well maybe that’s the way it is in N. Idaho (beautiful place), but in MY area, there‘s horses everywhere. Lots of race horses, too.
There was also the King Ranch. 14,000 acres of cattle grazing, to they had and continue to have lots of “patients”.
So we have a lot of demand for Veterinarians.

Horses make vets money. Cattle do not. As someone else said, either cowboys or farmhands due the doctoring for most things. If they lose one, that's the cost of doing business. I work with a 9000 cow dairy and they have one vet who visits every week or so to discuss their health management plan. Treatments etc are provided by the dairy crew.

 

[lilranch2001]

Same here. The doom and gloom is from people trying to paint a political picture based on things they're not experiencing directly but heard someone else they don't know is.

So you have the almighty insight to see what all other people are experiencing….

Okey doke! God!

 

[bunchgrass]

So you have the almighty insight to see what all other people are experiencing….

Okey doke! God!

I know what the national trend says. What does your god say?

 

[bunchgrass]

In fact, if it were a country, Texas would be the 8th largest economy in the world, ahead of Australia, Italy, Mexico, Russia and Spain.

(If not for the drag of the B*I*D*E*N build back dummer economy it would probably be the 5th largest in the world.)

The three U.S. states with the highest GDPs were California ($3.6 trillion), Texas ($2.356 trillion), and New York ($2.053 trillion).

Only Texas claims 2.3 trillion is larger than 3.6 trillion.

Ask all your pals working for state, county or city agencies doing infrastructure projects with money made available by those programs how they're doing. They and you might whine about Biden or Obama but those two provided money to make them or their company that bid on the contracts serious money.

 

[lilranch2001]

I know what the national trend says. What does your god say?

Whatever you say dude!

I’m quite confident you know everything about everything!

 

[Hay Dude]

Whatever you say dude!

I’m quite confident you know everything about everything!

Especially that veterinarians don’t make money.
I’m still laughin that one off.

 

[Hay Dude]

The three U.S. states with the highest GDPs were California ($3.6 trillion), Texas ($2.356 trillion), and New York ($2.053 trillion).

Only Texas claims 2.3 trillion is larger than 3.6 trillion.

Ask all your pals working for state, county or city agencies doing infrastructure projects with money made available by those programs how they're doing. They and you might whine about ***** or ***** but those two provided money to make them or their company that bid on the contracts serious money.

The only thing that ”provides money” to people is God. God is in charge, not some corrupt clown.

 

[Hay Dude]

So you know he made his 10 million from practicing vet med? Were you his accountant? Have you ever worked in veterinary medicine? Even in small animal med where people will spend money to keep Fluffy alive another year, that's not pushing anyone towards the million dollar mark.

Him and my old man were golf buddies and friends. He made millions with a successful vet practice. He treated our families pets for $0 most of the time.

Sorry it don’t fit your “poor veterinarian“ narrative. I’m sure there’s vets out there not making as much as he did, but most around here do very well.

Here’s a small window into what they make in the US

$177,354/year aint bad in you mid-late 30’s.

Heck of a lot more than I make after gettin raped by today’s “best economy EV-ER” with todays inflation & interest rates, that’s for damn sure