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SVTPerformance's Chain of Restaurants
Road Side Pub
Housing market is still solid in my neck of the woods!
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<blockquote data-quote="thomas91169" data-source="post: 16653773" data-attributes="member: 40530"><p>Remote workers are about to start getting paid less (as predicted). Many of silicon valley companies are already cutting salaries based on where the employee lives and the market rate in that area. If you moved from San Jose to bfe Missouri, you bout to get paid in bfe Missouri wages. </p><p></p><p>Lots of em won't be able to make those payments anymore. </p><p></p><p>I think we'll see a bubble not pop but definitely deflate with a more classical reasoning behind defaults/foreclosures. If people can't pay their bills, axe the biggest expense first.</p></blockquote><p></p>
[QUOTE="thomas91169, post: 16653773, member: 40530"] Remote workers are about to start getting paid less (as predicted). Many of silicon valley companies are already cutting salaries based on where the employee lives and the market rate in that area. If you moved from San Jose to bfe Missouri, you bout to get paid in bfe Missouri wages. Lots of em won't be able to make those payments anymore. I think we'll see a bubble not pop but definitely deflate with a more classical reasoning behind defaults/foreclosures. If people can't pay their bills, axe the biggest expense first. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Housing market is still solid in my neck of the woods!
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