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re: Unemployment will skyrocket?

Posted on 9/21/22 at 8:57 pm to
Posted by Tiger Vision
Mandeville
Member since Jan 2005
3710 posts
Posted on 9/21/22 at 8:57 pm to
quote:

For realtors maybe. Who really is at risk these days?


You think that's all that's affected by home sales?

How about?


Loan Officers
Loan Processors
Mortgage Underwriters
Mortgage Closers
Title Company Employees
Home Appraisers
Home Inspectors
General Contractors
Subcontractors
Land Surveyors
Building Supply Sales People

I'm certain there are others. Everything to do with Home Sales and Home Construction will take a hit.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 9/21/22 at 9:00 pm to
quote:

You think that's all that's affected by home sales?

How about?


Loan Officers
Loan Processors
Mortgage Underwriters
Mortgage Closers
Title Company Employees
Home Appraisers
Home Inspectors
General Contractors
Subcontractors
Land Surveyors
Building Supply Sales People

I'm certain there are others. Everything to do with Home Sales and Home Construction will take a hit.


I know some lower totem pole mortgage underwriters have already been laid off.

What an idiotic statement you had to reply to. As we enter a recession consumption spending goes down. We need less people in restaurants and retail. Less goods are being sold so we need less trucking, less gas, so less oil field workers, so less financial guys buying and selling up the steam, etc, etc
Posted by BugAC
St. George
Member since Oct 2007
52916 posts
Posted on 9/22/22 at 7:58 am to
quote:

Everything to do with Home Sales and Home Construction will take a hit.




Don't forget commercial, retail, etc...

If people can't afford homes, they will start cutting back on frivolous spending. We're about to see that good ole Obama unemployment coming back, but instead of topping out at 12-15% per the government measurement, it will be closer to 20-25%.

All liberals/democrats/leftists are catastrophic to a peaceful and wealthy country/economy. They always destroy everything they touch.

Stolen elections have consequences. Trump won
This post was edited on 9/22/22 at 7:59 am
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