The rapid increase in foreclosures and rapid decline in home values that has occurred recently hasn't been distributed uniformly across the country. California has been one of the worst hit, which really seems fitting. They also benefited from one of the quickest run-ups in home prices. Makes sense to me.
I'm not going to get all economic on you, and I don't really care all that much about home values in California, but I saw something yesterday that brought all of this to mind. I saw an add looking for a programming contractor in CA that had mortgage foreclosure experience. I thought this was odd, and moved on. A little while later, I happened across another tech-type add that wanted people with experience in the SAME THING. Apparently, the housing bubble bust is good for programmers... If they keep their homes, that is.
Posted by pedalboy at April 18, 2008 12:14 PM | TrackBackThis is the time to buy in California man... I suggested that André Anjos buy instead of rent when he and Liz move out to LA.
The value of my parents' house dropped significantly which sucks. Esp. since their home equity line has been financing our renovations.
When's Kristen done? You movin' to California? :)
Posted by: JoelG at April 18, 2008 1:41 PMweird science man
also, i uploaded some tracks i worked on for any happier to my .mac page. its idisk.mac.com/crmacri
There may only be two or four up there, ill get the rest up (another 6, all stereo mind you) hopefully tomorrow.
love you
Posted by: Chase at April 18, 2008 8:11 PMcheck that site out. particularly the section ".prg " you might find some of the programs useful and/or fun
Posted by: Chase at April 20, 2008 5:29 PM