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08-13-2009, 05:22 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Feb 2005
Location: Lou-evil
Posts: 2,025
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'Less Vegas'
A summary of the real estate scene in Vegas. Glad these people aren't my neighbors, yikes!
The Recession Hits Las Vegas - TIME
__________________
"These walls are kind of funny. First you hate 'em, then you get used to 'em. Enough time passes, gets so you depend on them"
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08-13-2009, 05:46 PM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Feb 2008
Location: East Nowhere, 43N Latitude, NY
Posts: 9,037
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Something caught my eye at the end of the article. A reference to an online course source...StripandGrowRich.com
And of course I checked it out... 
An excerpt "my regulars bring me...money...see them...1.5 to 2 hours each a shift, often fully clothed and having a nice dinner. I travel, I have a great big house with a wonderful pool and waterfall, a sporty convertible, financial freedom, several businesses that I’m passionate about (including THIS ONE!)…and most of all, I OWN my time and my schedule"
All I'm missing is the pool with waterfall and the businesses.
My next career !!!!  And a great inflation hedge!!!
I'll continue the transition from Engineer to Suzy Homemaker to _________.
__________________
"All our dreams can come true, if we have the courage to pursue them." - Walt Disney
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08-13-2009, 05:48 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Mar 2009
Location: Pittsburgh, PA suburbs
Posts: 1,796
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And the worst line for me was "they even left their dogs behind..."
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08-13-2009, 06:25 PM
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#4
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Charleston, SC
Posts: 13,566
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Lots of "foreclosured" dogs at our local shelter as well. Two border collies were among the ones last month, fortunately found new homes before I had to pull them. My latest foster was an involuntary owner surrender, too, when the owner got taken to jail.
__________________
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way
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08-13-2009, 06:49 PM
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#5
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2006
Posts: 7,733
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Ok I was interested in Stripandgrowrich.com also, my friends wife is a dancer, I'll have to tell her about it.
However, what really got my eye and raised my blood pressure, is what type of crazy banks are still lending to people who have a current mortgage. Presumably most people had to stretch to afford a place in Vegas a few years ago. If somebody was already paying $3-4,000 a month for a mortgage. How much more debt can they afford to take on, given the bad employment picture in Vegas?
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08-13-2009, 07:07 PM
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#6
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Moderator Emeritus
Join Date: Feb 2004
Location: minnesota
Posts: 13,228
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I found that odd as well Clifp. Are they not underwriting? I am not even sure that I believe it.
__________________
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No more lawyer stuff, no more political stuff, so no more CYA
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08-13-2009, 07:19 PM
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#7
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Charleston, SC
Posts: 13,566
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They sell t-shirts at that site for strippers. Not too early to think about a special something for that special someone in your life.
__________________
“One day your life will flash before your eyes. Make sure it's worth watching.”
Gerard Arthur Way
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08-13-2009, 08:33 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Feb 2005
Location: Lou-evil
Posts: 2,025
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There is a Youtube video (Current TV - Gore's thing) covering the Vegas collapse and one of the segments was about a loan officer, IIRC, that turned to stripping after the real estate collapse.
Maybe that site is her way of creative destruction 
BTW - how would she explain that gap on her resume if she returned to banking 
__________________
"These walls are kind of funny. First you hate 'em, then you get used to 'em. Enough time passes, gets so you depend on them"
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08-13-2009, 11:00 PM
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#9
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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"Non-profit volunteer: pole-ing polling, fundraising, and financial management"
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Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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