Posted on 11/30/2014 4:17:17 PM PST by Steelfish
We’re just thankful when CA loonies resettle in CO rather than TX.
My idiot niece did exactly that.
Unfortunately, despite the outflow of many like her, Cali gets MORE blue.
My lawyer considered learning Chinese because there were so many buyers from China. All cash. All over asking.
No, you can tell young people that they wasted their money when they majored in gender studies, black studies, and sociology.
I have a friend whose son majored in petroleum engineering. His starting salary was 125k and they fly him to N. Dakota four days a week in a private plane. Pretty good for a 21 year old kid. Sociology majors do not command that kind of salary.
My mother-in-law lives in Diamond Bar one lady bought 5 houses one next to hers; it was empty for a while now there are pregnant women living there.
Yes. Chinese isn’t an easy language for Americans to learn however. One real estate broker we know was taking lessons ( he flies to China to sell usA houses to buyers in Shanghai and Beijing, cash sales). He suddenly hired a Chinese assists to and never mentioned his lessons again. Now you see him on chinese television just Introducing his assistant - who gives the sales talk for him.
Along with the great weather and low property taxes, I believe this is why California property appreciates faster than most other states. There are still a lot of great deals on homes with land here.
In 1961 a person I know bought a small house with a ocean view for 29k. He kept it and today it is worth over a million.
+1
“My mother-in-law lives in Diamond Bar one lady bought 5 houses one next to hers; it was empty for a while now there are pregnant women living there.”
That’s a “birth hotel”! Those Chinese women fly here when they are pregnant so that their kids will have American citizenship. These “hotels” have been showing up all over the LA basin.
We are run by idiots and traitors. The leaders of any other country would have ended birthright citizenship decades ago when this abuse first cropped up.
Of course when “conservative” Hugh Hewitt was confronted with this weeks ago on his program his reply was “I’m all for birthright citizenship”. As I said idiots and traitors.
If you think million dollar prices are crazy for SF Bay Area homes, the rental prices are sky high as well, driven by home prices. My son-in-law has family visiting from several areas of the country. His sister rented a home last week on the peninsula rather than stay in hotels. Rent of the home is more than $10,000 a month. She can afford it, regular folks are stressed just trying to pay $4,500 a month for ordinary tiny homes.
Really? My friend is in La Canada. She says it’s happening there, too. Huge expensive homes bought as rentals. The pregnant women are living there for ‘birth citizenship’ are they not?
I have a friend whose son majored in petroleum engineering. His starting salary was 125k and they fly him to N. Dakota four days a week in a private plane. Pretty good for a 21 year old kid. Sociology majors do not command that kind of salary.
How much money would petroleum engineers command if every kid who goes to college to majored in petroleum engineering?
You have a point. They would earn much less.
However, most kids in college avoid courses such as math, physics, and chemistry. How could they be petroleum engineers if they couldn’t pass these courses?
College is too much fun to ruin it by having to study.
If petro engineering is a lucrative career choice now, it won’t be long before colleges will be spewing out graduates with degrees in petro engineering.
As that begins to happen, your nephew will be older, approaching 40, and he will begin to feel the competition from younger engineers.
Soon after he’ll be scrambling to earn a living.
I have seen this happen in other professions, as young people—desperate for a future they can earn a living in—study for whatever is currently in high demand, only to end up flooding the job marketplace with applicants and bringing down the pay rate while increasing the hours worked in the given field.
It wouldn’t matter if those sociology majors studied for a career that’s in greater demand—doing so would only make the prospects worse for those who do.
The Colarado School of Mines graduates have one of the highest starting salaries and also the highest mid-career salaries. Their starting salaries are higher than those of UC Berkeley and CalTech.
There’s no way of knowing what their salaries will be twenty years from now but it’s likely they’ll be higher than sociology or gender studies graduates.
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