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Thread: Real Estate Crash thread
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04-23-2021, 04:46 PM #13351
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04-23-2021, 04:46 PM #13352
This will probably crash when the all clear sounds and WFH becomes 9-5 again.
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04-23-2021, 04:52 PM #13353"We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch
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04-23-2021, 05:00 PM #13354
You keep saying that, but I don't think you understand how much of a shift has happened. Sure, some companies are going to call people back to the office, but many will not. Old school companies have started having major issues hiring talent and they are caving to remote work.
I know a good number of newly minted perma remote people.
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04-23-2021, 05:11 PM #13355
As I have said, when you reach 50, you'll learn that nothing is permanent.
It's not as though LinkedIn replaced face to face networking. May never will.
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04-23-2021, 05:18 PM #13356
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04-23-2021, 05:20 PM #13357
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04-23-2021, 05:22 PM #13358
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04-23-2021, 05:29 PM #13359Old school companies have started having major issues hiring talent and they are caving to remote work.
None of us knows what the future will bring and there are certainly changes that will stick. That said, there is a lot of "talent" (sounds like strippers) that is overpaid for what it does. Markets frequently go where they can inflict the most pain on the most people. The labor market is not insulated from this.
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04-23-2021, 05:33 PM #13360
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04-23-2021, 05:37 PM #13361"fuck off you asshat gaper shit for brains fucktard wanker." - Jesus Christ
"She was tossing her bean salad with the vigor of a Drunken Pop princess so I walked out of the corner and said.... "need a hand?"" - Odin
"everybody's got their hooks into you, fuck em....forge on motherfuckers, drag all those bitches across the goal line with you." - (not so) ill-advised strategy
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04-23-2021, 06:12 PM #13362
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04-23-2021, 06:19 PM #13363
I'm surprised that people are so smug about this WFH thing, when it is perfecting a technology that allows a South Asian or even fluent English speaking Chinese person do pretty much the same thing, like when they took all the manufacturing jobs and then a lot of software jobs and then a lot of financial industry jobs and even lawyering jobs. At a much lower compensation, and they arent distracted by a powder day or are itching to get out and bike, because they are ambitious as fuck, and want what we have.
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04-23-2021, 06:24 PM #13364
Hey man, c'mon. With age comes experience. Once you hit a certain age, you get into what I call the no second chance zone. Fucking up or just plain bad luck has a higher cost. Then there's good old ageism. I understand that, I wouldn't hire an older person over a younger person of equal abilities, either. Capitalism can really suck.
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04-23-2021, 06:42 PM #13365______
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04-23-2021, 07:27 PM #13366
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04-23-2021, 07:45 PM #13367
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04-23-2021, 08:53 PM #13368
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04-23-2021, 09:12 PM #13369
I'm actually agreeing with benny on this. Keep thinking that what you're doing on fucking computer is a "talent", but it's not long until lots of companies figure out that they can find people to do the same shit for a lot less, at home or not, and there's gonna be a lot of talented people out of work. Or at least that's what the rest of us are hoping.
“I really lack the words to compliment myself today.” - Alberto Tomba
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04-23-2021, 09:24 PM #13370man of ice
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04-23-2021, 09:27 PM #13371______
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It’s not like a scenario where all of the jobs get offshored is good for those who don’t work on a computer either.
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04-23-2021, 09:52 PM #13372
As I mentioned a few posts ago my neighbor got $50k more than I paid for my house and it’s 2200 sqft compared to 3,400, and it NEEDS a new kitchen and a bunch of other stuff. So one of the potential buyers who lost out on the neighbors house drops by and offers me 25% over what I paid for it. We closed the end of Feb 2021... Apparently his realtor sent him the listing on our house but they were on vacation, he forgot about it, and his wife is pissed because he never showed her. I said thanks but I have a baby due next month and I’m pretty sure moving anytime soon would be suicide. He offered we could stay for 6 months free after closing...
Man if there was ever an offer to gamble on the market dropping living 6 months for free is a pretty nice way of doing it. I still think I’m a no though.
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04-23-2021, 10:02 PM #13373man of ice
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Don't do it. 6 months is gonna fly by, you'll have a baby, yikes.
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04-23-2021, 10:09 PM #13374
And houses might be 10% more then.
"fuck off you asshat gaper shit for brains fucktard wanker." - Jesus Christ
"She was tossing her bean salad with the vigor of a Drunken Pop princess so I walked out of the corner and said.... "need a hand?"" - Odin
"everybody's got their hooks into you, fuck em....forge on motherfuckers, drag all those bitches across the goal line with you." - (not so) ill-advised strategy
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04-23-2021, 10:38 PM #13375
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