Quote:
Originally Posted by Tilikum Turbo
Anything unusual you notice(personal level) over the past few years that don't make sense?
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Not unusual for SoCal, but remains unusual from a logic standpoint. Housing prices are spiking again and I don't understand how it is any way sustainable. Nothing under $1M in my neighborhood (which isn't particularly upscale). Basically it is a case of now the only people who can get into the market are those coming from some other over-priced area or with a *lot* of capital.
Car sales/leases seem to be strong here (I'm doing my part
). I don't notice food prices as being that high (depends where you shop), and gas is lower than it has been in a couple of years.
Jobwise we hire on the higher end of the market (specialize tech) and it can be tough to find people that fit the bill.
I keep expecting the whole thing to crash but the house or cards keeps moving forward. I'm not seeing any trickle down though. My salary has been flat for 2 years as our core budget has been flat (actually cut a bit with sequestration) but we're increased salaries for most everyone else in the building. Senior management didn't take raises and we get no bonuses. Problem is at some point you price yourself out of competition as labor is our primary cost on projects and the more you pay people, the more you have to charge. I just promoted one of my people and she got a decent salary bump. I warned her though - now she has to bring in more business to support herself as she's now more expensive. And if she doesn't, she won't have a job.
Could be better...could be worse...