Archived posting to the Leica Users Group, 2011/06/03
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]The housing problem has hit the midwest hard. Minneapolis-St. Paul had the largest annual decline in housing prices of any city in the country in the latest survey. On Jun 3, 2011, at 4:51 AM, Nathan Wajsman wrote: > Hi Jayanand, > > I am aware of the problem with houses under water, but I would not > expect that to be a big factor in an area like Indiana which did > not have much of a real estate boom to begin with (because it was > already declining). The boom was more in the growing areas in the > south and west. > > Cheers, > Nathan > > Nathan Wajsman > Alicante, Spain > http://www.frozenlight.eu > http://www.greatpix.eu > http://www.nathanfoto.com > PICTURE OF THE WEEK: http://www.fotocycle.dk/paws > Blog: http://www.fotocycle.dk/blog > > YNWA > > > > > > > > On Jun 3, 2011, at 9:42 AM, Jayanand Govindaraj wrote: > >> Nathan, >> One of the biggest problems with the real estate meltdown is that >> it has >> severely reduced worker mobility in the USA, because of being tied >> down to >> houses which are unsalable one way or another - either being under >> water on >> the loans, or being in an area with a glut of foreclosed houses. >> US laws >> being what they are, I would advise workers to just walk away from >> the loans >> and rent accommodation wherever they get a job. If this results in a >> negative credit score, so much the better, because it forces >> people to live >> within their means. Unfortunately, home ownership and easy credit >> are so >> deeply embedded in the American psyche that not having access to >> both is >> like emasculation! >> Cheers >> Jayanand >> >> On Fri, Jun 3, 2011 at 12:11 PM, Nathan Wajsman >> <photo at frozenlight.eu>wrote: >> >>> Hi Chris, >>> >>> Your photography of the industrial decline is moving; but one >>> question >>> arises: you say that even educated people cannot find good jobs >>> in Ft. >>> Wayne. Given the tendency in the US to move where the jobs are, >>> why do they >>> stay? >>> >>> Cheers, >>> Nathan >>> >>> Nathan Wajsman >>> Alicante, Spain >>> http://www.frozenlight.eu >>> http://www.greatpix.eu >>> http://www.nathanfoto.com >>> PICTURE OF THE WEEK: http://www.fotocycle.dk/paws >>> Blog: http://www.fotocycle.dk/blog >>> >>> YNWA >>> >>> >>> >>> >>> >>> >>> >>> On Jun 3, 2011, at 5:16 AM, Chris Crawford wrote: >>> >>>> http://chriscrawfordphoto.com/chris-details.php?prodId=476 >>>> >>>> This is across the street from the Harvester factory that I >>>> posted a >>> photo >>>> of yesterday. >>>> >>>> >>>> >>>> -- >>>> Chris Crawford >>>> Fine Art Photography >>>> Fort Wayne, Indiana >>>> 260-486-2581 >>>> >>>> http://www.chriscrawfordphoto.com My portfolio >>>> >>>> http://blog.chriscrawfordphoto.com My latest work! >>>> >>>> http://www.facebook.com/pages/Christopher-Crawford/48229272798 >>>> Become a fan on Facebook >>>> >>>> >>>> _______________________________________________ >>>> Leica Users Group. >>>> See http://leica-users.org/mailman/listinfo/lug for more >>>> information >>>> >>> >>> >>> _______________________________________________ >>> Leica Users Group. >>> See http://leica-users.org/mailman/listinfo/lug for more information >>> >> >> _______________________________________________ >> Leica Users Group. >> See http://leica-users.org/mailman/listinfo/lug for more information >> > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information