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WaterDR · 02-29-2008, 05:53 PM

Funny, all you need to do is live in a neighborhood for a while to see who makes what. Over the years, this what I have learned.

Low-priced neighborhoods are generally full of unemployed people and various blue-collar folks. As housing prices increase, the blue color jobs jobs pay more, and then you begin to sprinkle the neighborhoods with white color folks.

As housing prices increase further, there is a higher percentage of while color positions and professional positions and you eventually get to the point where you won't find any single blue color person. I can't say this fact, but it is my observation after owning houses for nearly 20 years.

Then, a funny thing happens. As prices get higher, you begin to run into a different crowd.....those that simply just have money. Some inherited, while many others own their own businesses and it does not matter if it is a large mechanical contractor or a law firm. You begin to return a bit more to a mix of blue vs white backgrounds.

As far as stock options are concerned, you should be wary to work for a company that gives options to everyone. Options are cheap to give away....but it floods the market with stock and devalues it. Solid companies limit this option to a select group....usually those in potion to increase the value of the shares. When these people benefit, so do all the other share holders which are often low-paid positions too with stock in their 401ks. Good companies by and large, do not give options to the workforce. If they do, they are probably limiting the options they give to managers to prevent having too many. This si good or bad depending on you vantage point.

02-29-2008, 05:53 PM	#16 (permalink)
WaterDR Administrator Join Date: Sep 2004 Posts: 6,363	Funny, all you need to do is live in a neighborhood for a while to see who makes what. Over the years, this what I have learned. Low-priced neighborhoods are generally full of unemployed people and various blue-collar folks. As housing prices increase, the blue color jobs jobs pay more, and then you begin to sprinkle the neighborhoods with white color folks. As housing prices increase further, there is a higher percentage of while color positions and professional positions and you eventually get to the point where you won't find any single blue color person. I can't say this fact, but it is my observation after owning houses for nearly 20 years. Then, a funny thing happens. As prices get higher, you begin to run into a different crowd.....those that simply just have money. Some inherited, while many others own their own businesses and it does not matter if it is a large mechanical contractor or a law firm. You begin to return a bit more to a mix of blue vs white backgrounds. As far as stock options are concerned, you should be wary to work for a company that gives options to everyone. Options are cheap to give away....but it floods the market with stock and devalues it. Solid companies limit this option to a select group....usually those in potion to increase the value of the shares. When these people benefit, so do all the other share holders which are often low-paid positions too with stock in their 401ks. Good companies by and large, do not give options to the workforce. If they do, they are probably limiting the options they give to managers to prevent having too many. This si good or bad depending on you vantage point. __________________ Black 2000 GT Vert: Novi-2000 with Intercooler (375rwhp @ 9 psi); Tune by Kauffmans; Roush 380R Body kit; Steeda Subframes; Steeda Strut Tower Support; Deep Dish Bullets; FRPP 4:10's; SCT 4 Position Chip with four custom tunes; Steeda CAI; C&L Pleum; BBK 75 TB; SLP Loudmouth; SLP Catted X-Pipe; Bullitt Suspension; UPR Conrol Arms; Focus Fuel Pump My Car My Email