Thursday, October 28, 2010

Housing Bust impacting Manager Mobility

[mEDITate-OR:
in the Army for U.S. they say tis either UP or OUT.
For the rest of U.S. tis "We have fallen and we mcCain't get up OR out."
Most of this recession, Jim @ CR has express his concerns, which we share, that the impact on economic and social mobility, which is one of our greatest assets, has been severely compromised. He was and is correct. For the first 3 Qtrs of 09 it looked like we would dig ourselves out of this.
For the last year we have been in a jobless recessionary "L" shaped non-recovery.
No jobs, not home sales OR price recovery, AND no mobility.
Sad, very sad.
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Manager Mobility
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Housing Bust impacting Manager Mobility
http://www.calculatedriskblog.com/2010/10/housing-bust-impacting-manager-mobility.html
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