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endless optimism is just as absurd as endless negativity. the optimism is just as meaningless as the negativity when it is confined to the internet.
No argument here and I've said on many occasions that Cleveland has its problems. Very few of the pessimists ever concede that it has its positives, though.
In regards to Cleveland and Ohio area housing, according to The PMI Association, it is one of the lowest risk areas of The Nation to invest in. Also, the Nation's housing market should bottom in The Fall of 2010. However, Tammy Erickson wrote in Harvard Business, the housing market should remain flat for the next ten years. The cause is mainly demographic.
i agree very low risk, but with low risk comes a small return... of course with high risk, the return may be great or you can lose a lot.... just think if you would have bought sirius radio stock at 6 cents....you may have lost it all with the bankruptcy, but an investor came in and yesterday, the stock was at 18 cents.. triple!
i agree very low risk, but with low risk comes a small return... of course with high risk, the return may be great or you can lose a lot.... just think if you would have bought sirius radio stock at 6 cents....you may have lost it all with the bankruptcy, but an investor came in and yesterday, the stock was at 18 cents.. triple!
Low risk could mean a better likelihood of buying. Now Cleveland needs to find a way to promote itself as a good place to live in order to bring people to the housing stock. Times are tough, and alot of people who may want a house may not be able to buy in one city, but could buy in Cleveland. What Cleveland needs is to attracted more companies to the city and give initiatives for people inside Cleveland to start businesses and greate jobs. It helps those who are entrepreneurial and those who need work.
It seems obvious that The Medical Industry supports CH, UH and Shaker. I would not expect Cleveland to become, "The Come Back Kid" I don't think it has the will to be competitive enough to take scarce jobs away from other states, let alone from China. For example, it is a "union town." It also places a high value on collecting taxes from "greedy corporations." Otherwise known as, "employers." So, unless somebody puts a gun to their head, I don't think they'll be rushing to C-Town
Would you rather employ 500 seamstresses in The Orient or on 55th and Superior? Where do you expect you'd have less problems with labor? How about lawsuits? Would you like to worry about those? Where do you think you'd have the most freedom in choosing your employees and managers? When you invest your capital, do you want to trust it to employees you choose or the ones that fit the government quota requirements? When you decide an employee is untrustworthy, would you like to fire them or sit around wringing your hands, because you are afraid of a lawsuit? Would you like to budget an extra 500 per month for each employees health insurance or would you prefer to keep that money? If you or one of your staff has an affair with an employee, would you prefer to go bankrupt paying "reparations," while you languish in prison or would you prefer to fire her if it gets uncomfortable at the workplace?
My main concern is that Baby Boomers are retiring and Medicare is horribly underfunded. According to The GAO, the problem is developing "rapidly," it is huge and everyone is ignoring it (Obama is busy blowing trillions of dollars on things that just won't help and we're gonna miss that money)
In the short run, Cleveland should benefit from the medical boom, brought on by demographics and entitlements. However, it seems painfully obvious that our medical system encourages over-consumption of healthcare. For example, they say 600,000 hysterectomies are performed annually in The U.S.A, but only 60,000 are medically necessary. Therefore, dramatic cuts could be instituted, without damaging lifespan and quality of life. In fact, it could improve it! Of course, that wouldn't be "good" for the medical industry, on which Cleveland and the area this thread is concerned with in particular, are extremely dependent. Pat Buchanan claimed in his latest column, healthcare is overshadowing manufacturing in America. Apparently, it won't last
Remember, lots of "smart" people kept right on pouring money into financials and were lauded by CNBC as "experts."
Last edited by Chef Boyardee; 02-19-2009 at 02:43 AM..
i think the other problem is jobs, if you are not in medical, there are very few here... i interviewed with progressive last week for a bottom feeder job (i'm self employed but i need to ride out this storm).... anyway the pay was far less than what i make (pays $10-$12 an hour), the interviewer kept asking if the money would bother me.. i said no of course not... she recommended a higher position IF it becomes available... and then said that it bothered her that i would be making so much less than what i am used to so she figured i was over qualified, this job doesnt pay enough and she was not recommending me for the job....
terrible experience with progressive.... in my search for employment, i've put out 40 resumes in cleveland, 30 in las vegas.... 1 interview cleveland... 7 las vegas
i think the other problem is jobs, if you are not in medical, there are very few here... i interviewed with progressive last week for a bottom feeder job (i'm self employed but i need to ride out this storm).... anyway the pay was far less than what i make (pays $10-$12 an hour), the interviewer kept asking if the money would bother me.. i said no of course not... she recommended a higher position IF it becomes available... and then said that it bothered her that i would be making so much less than what i am used to so she figured i was over qualified, this job doesnt pay enough and she was not recommending me for the job....
terrible experience with progressive.... in my search for employment, i've put out 40 resumes in cleveland, 30 in las vegas.... 1 interview cleveland... 7 las vegas
the break has to be out there somewhere..
You hit the nail on the head. Medical jobs are not enough. More engineering jobs and such are needed. Those are the types of businessses that need to be attracted to Cleveland.
FWIW I hope you do ride this out. Entrepreneurs like yourself are just what Cleveland needs right now.
wouldnt you think being on a great lake would be one way to lure business back also? taxes are killing all of us. something has got to give, business and taxpayers all need a break !!! i want receits for every dollar of MINE AND YOURS spent in this "bailout", its our money. think it will LOL happen?
Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 700,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads. 
Housing
I don't think it has the will to be competitive enough to take scarce jobs away from other states, let alone from China. For example, it is a "union town." It also places a high value on collecting taxes from "greedy corporations." Otherwise known as, "employers." So, unless somebody puts a gun to their head, I don't think they'll be rushing to C-Town 
(Obama is busy blowing trillions of dollars on things that just won't help and we're gonna miss that money) 
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