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High rents threaten economic growth


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2016 Oct 16, 6:26pm   787 views  4 comments

by tovarichpeter   ➕follow (6)   💰tip   ignore  

http://www.ocregister.com/articles/-732057--.html

Orange Coast College instructor Al Cervantes helps student Anthony Terrible operate a lathe during a machining class last week. Enrollment in manufacturing-related classes has risen as students seek the technical skills that lead to higher-paying factory jobs.

Comments 1 - 4 of 4        Search these comments

1   MMR   2016 Oct 17, 1:30pm  

DieBankOfAmericaPhukkingDie says

start businesses to pay their rents and drive innovation

working for others is the key to innovation

2   Strategist   2016 Oct 17, 2:09pm  

Does anyone ever think about the poor landlord and the hardship he faces?

3   RealEstateIsBetterThanStocks   2016 Oct 17, 9:56pm  

OC tech jobs are not that great so it is somewhat of a mystery that home prices there have gone up so fast.

some theories:

1. white people purposely raise prices to prevent Asians from moving in next door. their worst nightmare!
2. Koreans and Chinese are notorious for "creative accounting." buying houses with 100% cash?
3. TOO many Vietnamese in one county....

4   indigenous   2016 Oct 18, 6:37am  

Low interest rates have increased the money supply driving the price increase.

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