Job security

[ProgMatinee]

i can speel on and on about this, but i really feel (for America) we did it to ourselves by incorporating and publicizing so many companies.

most of us wouldn't have a fucing clue what to do with ourselves if a greater corporation didn't offer us employment.

What happened to the days of individuals creating their own company, hiring a few people, bt keeping fairly independant to the whims of the market.

I ain;t saying I'm above it. Sh_ i work for the frakkin governt. i don't know what i'd d with myself if this was the 1800s or whatev.

this world is fraked out thats all i can say and im hanging onto my balls as best i can to see the world crumble before me and see if i outlast the other mother frakers around here. enjoy the spiral and pretend its a frakkin roller coaster and for gods sake don't drag kids into this sh-- let our race die with as little pain as possible..

 

[ymba]

Freaks

Here is a Q for you. If you get fired ( terminated) ,can you collect unemployment ? Or must you be layed off to get the max of $2000 ? By the way, noone should want to live on$2000 a month. my mortgage alone is over that .

Yes, it is bad out there. i have been with my company for 16yrs as a sales maanger so I guess I know what I am doing but with revenue down and the company not hiring, it is scary times

Thank god we have a bit of money saved and I plan my life ok

 

[ProgMatinee]

man. honestly i don't know who in the world could afford over 2000 on a mortgage. must have been living the high life. anything after that is gravy.

i'm a damn professional. im an accountant so its not like i flip burgers and i fret every month about my finances and i owe no debt except 1200 for a mortgage.

im still scratchin my head who can afforfd 300k plus houses.

 

[Jen]

man. honestly i don't know who in the world could afford over 2000 on a mortgage. must have been living the high life. anything after that is gravy.

i'm a damn professional. im an accountant so its not like i flip burgers and i fret every month about my finances and i owe no debt except 1200 for a mortgage.

im still scratchin my head who can afforfd 300k plus houses.

Well if you live in a Seattle that's normal for a single family home or a condo. Real estate is expensive. I paid over 300K for my house and it's small - BUT had everything replaced before I moved in (electrical, plumbing, roof, windows, new water heater, appliances, etc...) You can get a fixer upper for under 300K but then you are either paying big bucks for updates/repairs or you got to be handy and do it yourself.

Renting is a little better - but you are still looking at over $1100/month for a one bedroom...unless you want to live in some shadier areas of the city - and being a single female, I would not choose that option.

 

[Darth Madden]

we have a $300k house and our mortgage is about $1700.. just depends on where you are, how much you put down and how good an interest rate you get.

And YMBA I don't think there is a difference between fired and layed off. I think you can pretty much get unemployment no matter what... as long as you don't work at all (or don't report that you work at all.)

 

[Jen]

I lucked out and bought when interest rates were at an all time low. I was also able to put 1/2 down so my mortgage is $1137/month. If I had to take out a loan for the full amount, I would not have been able to buy anything but maybe a parking space.

 

[Darth Madden]

I lucked out and bought when interest rates were at an all time low. I was also able to put 1/2 down so my mortgage is $1137/month.

1/2 down... WOW... very nice.

 

[wofford29]

and then get a nurse practioner degree.

What I'm working on now.

I'd prefer to do the nurse anesthetist program but there isn't one around me and my wife makes to much to move anywhere for me to go to school, and since she's my sugar momma right now I can't argue with that.

 

[automaton]

man. honestly i don't know who in the world could afford over 2000 on a mortgage. must have been living the high life. anything after that is gravy.

i'm a damn professional. im an accountant so its not like i flip burgers and i fret every month about my finances and i owe no debt except 1200 for a mortgage.

im still scratchin my head who can afforfd 300k plus houses.

can't get much for $300K in Los Angeles... can't get much for double $300K... triple that $300K and there are possibilities. i suppose it is just what one gets used to...

 

[hairlesswookiee]

I lucked out and bought when interest rates were at an all time low. I was also able to put 1/2 down so my mortgage is $1137/month. If I had to take out a loan for the full amount, I would not have been able to buy anything but maybe a parking space.

Yeah, but that's the problem. You're in the very low minority of people that put a large down payment. Most people that are paying $3k a month on a mortgage put nothing down, and are financing the entire $300k that they paid for the house. Personally, I'd never buy a house that is more than $200k, and I'd never pay more than $1500 a month for a mortgage.

 

[EVILFACE]

Get into the funeral business. People are aways going to die.

 

[PsychoCenobite]

I was made redundant from my job of 6 years about two weeks ago. I'm now unemployed and signed on at the Jobcentre!

No decent pay off or anything and I got a flat/mortgage at the start of the year. So, I now just need to keep those payments up or else I lose my flat.

I've got my fingers crossed I get a new job soon...

PsychoCenobite

 

[316what]

man. honestly i don't know who in the world could afford over 2000 on a mortgage. must have been living the high life. anything after that is gravy.

i'm a damn professional. im an accountant so its not like i flip burgers and i fret every month about my finances and i owe no debt except 1200 for a mortgage.

im still scratchin my head who can afforfd 300k plus houses.

It all depends on the individual situation.

Our house was just under $300k. We put ZERO down and our mortgage payments are about $1400 on a 4.5% 30 yr fixed note. Other than living expenses, we have 2 monthly bills: mortgage and one vehicle payment. Every bill is paid from my paychecks and I'm still putting away 10-15% every month. My wife's paychecks cover groceries, "play" money, and one of her paychecks goes into savings.

 

[fosing]

try politics instead.

 

[The Mike]

I bought four years before the crash in real estate. My house was 500K. When we bought we had instant equity in our house, our house being appraised at 650K. Our payments are roughly $2700 p/m, the fantastic benefit of living in the Bay Area. Since the crash a house similar to mine is $300K. If my wife or I ever actually lost our jobs for whatever reason bye-bye house. Hindsight is 20/20 and the biggest mistake I ever made was not waiting longer to get into my house.

 

[hoodonit00]

try politics instead.

I don't know. Come November I think there is going to be a lot of politicians out of a job.

 

[automaton]

I bought four years before the crash in real estate. My house was 500K. When we bought we had instant equity in our house, our house being appraised at 650K. Our payments are roughly $2700 p/m, the fantastic benefit of living in the Bay Area. Since the crash a house similar to mine is $300K. If my wife or I ever actually lost our jobs for whatever reason bye-bye house. Hindsight is 20/20 and the biggest mistake I ever made was not waiting longer to get into my house.

it is an all too common story... sorry to hear about this.

 

[Jen]

Yeah, but that's the problem. You're in the very low minority of people that put a large down payment. Most people that are paying $3k a month on a mortgage put nothing down, and are financing the entire $300k that they paid for the house. Personally, I'd never buy a house that is more than $200k, and I'd never pay more than $1500 a month for a mortgage.

Well that's easy to say when you don't live and work in an area with high real estate values. I suppose I could find a house for around that - but then I would need to commute a couple hours every day.

1/2 down... WOW... very nice.

I had help - lots of help.

 

[Deadly Dagger]

location location location

You hear Los Angeles getting hit hard by the real estate market...but few realize how LARGE Los Angeles is. As a lifetime resisident..I can easily tell you where to buy...but in a good area, a fixer is 650k...its amazing. Early 90's you could buy a home in the same area for 300k. I really don't think prices will ever be that cheap again...that is in "certain areas" of Los Angeles. In the valley, you can find something for 300k...but the valley is the valley...lol.

I am in the same situation as Jen...lucked out and put down a chit load of cash for a modest home in a good location (almost 8 yrs ago before the bubble grew and popped)...im a goverment lacky with over 8yrs senority and my wife has over 11 yrs. with LAUSD..were in good shape.

 

[AllisonAmy]

Well that's easy to say when you don't live and work in an area with high real estate values. I suppose I could find a house for around that - but then I would need to commute a couple hours every day.






I had help - lots of help.

Even up by us, you can hardly find a piece of crap house for $200k.