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they are actually both right... here is why..I live in Florida for 6 months out of the year. It is not getting much better . Housing is starting to gain some value. Very little value. Now that will probably be erased as the new wave of foreclosures and short sales hit Florida starting this year. I see what is going on . I keep looking at what is coming on the market and value to what is bought.
There are definitely more foreclosures coming. 5 that I know of in a few blocks in my area. This will not make values go up. They might hold their value or go down again, but the values have not come up that much but they have come up and there are lots of buyers to get rid of the foreclosures off the books.
Unless you're a practicing Residential Appraiser, or even a practicing Real Estate Agent working in Florida, your anecdotes don't mean squat...sorry.
Record foreclosures, yes.
More people out of work, yes.
Higher unemployment for minorities, teens, yes.
Do you really think $6T in deficits are better?
What exactly is better?
What did Gov. Scott say is better to prompt such an admonition from Mr. Romney?
It is a difficult position to be in I suppose. The governor has to say that things are better under his watch if he wants to be re-elected, and, he may well have examples to prove it.
Seems rather selfish of Mr. Romney to want to pull that particular rug out from under him.
If you believe the official BLS numbers, FL unemployment is 8.6% and an improvement over the 11% unemployment they had three years ago.
The truth is, unemployment is an high as ever.
People who are no longer counted as unemployed are still without jobs.
Wages are still stagnant and the buying power of the USD is still declining.
I'd hold off breaking out the champagne.
"Last month, Florida's labor pool — the number of people either working or looking for a job — dwindled by 28,000. Some of those exiting the labor market are retirees or others who have left the state in search of better prospects elsewhere."
If you believe the official BLS numbers, FL unemployment is 8.6% and an improvement over the 11% unemployment they had three years ago.
The truth is, unemployment is an high as ever.
People who are no longer counted as unemployed are still without jobs.
Wages are still stagnant and the buying power of the USD is still declining.
I'd hold off breaking out the champagne.
"Last month, Florida's labor pool — the number of people either working or looking for a job — dwindled by 28,000. Some of those exiting the labor market are retirees or others who have left the state in search of better prospects elsewhere."
Where I live as on the other coast home prices are on the upswing. There are plenty of buyers out there. Jobs have been opening up and many of my friends that had their hours cut are back to a normal work week.
If you believe the official BLS numbers, FL unemployment is 8.6% and an improvement over the 11% unemployment they had three years ago.
The truth is, unemployment is an high as ever.
People who are no longer counted as unemployed are still without jobs.
Wages are still stagnant and the buying power of the USD is still declining.
I'd hold off breaking out the champagne.
"Last month, Florida's labor pool — the number of people either working or looking for a job — dwindled by 28,000. Some of those exiting the labor market are retirees or others who have left the state in search of better prospects elsewhere."
Where I live as on the other coast home prices are on the upswing. There are plenty of buyers out there. Jobs have been opening up and many of my friends that had their hours cut are back to a normal work week.
There is no point in telling you anything. Your arguments aren't worth that. That would be sheer waste of time and I have known that for a LONG time. The least you could do, however, is to learn and accept that it ain't telling... it is putting your argument where it belongs.
As usual, you havent told anyone anything..
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