Reply to Jamie Dimon thinks HQ2 will bring 100k jobs

Forum Index » Real Estate

Reply to "Jamie Dimon thinks HQ2 will bring 100k jobs"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Feels just like 2007.  Can't wait...[/quote]

A 100,000 jobs at once leading to a tidal load of newly UC contracters and house purchases? I think you're thinking of 9/11/2001. D.C.'s boom was unprecedented and barely touched even during the 08 downturn which is why everyone moved here (including myself).

Just getting even better now.[/quote]

You're right; this time it's different![/quote]

I see what you are trying to do.

I’m actually saying it’s exactly the same, there is exuberance but prices like last time will not drop appreciably. Same is as same was.

I mean two GS15s can afford a $1M house, so lump all the bigger money jobs, yeah it’s expensive[/quote]

That's great but how many GS15's are there vs. lower GS employees.  Do you really think all Amazon employees can afford a million dollar house... we can't.[/quote]

I assume you are current AWS employs, making $120k salary with stock would be GS15. If spouse is say a teacher, yeah that’s hard

But the 25000 jobs will have a median of $150k, which again is GS15 equivalent. It’s honestly depressing, but people are pairing up with two higher incomes and we have the two income trap in force. [/quote]

You don't have a good grasp on AWS salaries or how they work.  You'd need an HHI of at least $400K to buy a million dollar house comfortable.  You'd have to be foolish to get it on 1/2 that.  And, with the stock, you have to pay taxes as soon as it vests and you get it over time, not the same amount yearly and only over 4 years so you may or may not keep your salary when they do a new offer (or what ever year term they give you).  And, you'd have to be even more foolish to sell your Amazon stock right now.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics