Archived posting to the Leica Users Group, 2011/06/03
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]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 >