From: nobody@spam.com   
      
   "Larry Caldwell" wrote in message   
   news:MPG.1f6a764f3cae73c989859@news.peaksky.com...   
   > Does anyone recall the 20-something kids posting brags about their huge   
   > tech sector paychecks back in the 90s? Here's hoping they saved their   
   > money, and can afford to lose their jobs during a time when it can be   
   > difficult to sell a house and get out from under a big mortgage.   
   >   
   > The word is that Washington County is going to take it in the shorts   
   > with the Intel cuts.   
      
   It all depends on if migration to Oregon decreases. At the current rate, it   
   would only be a minor blip in the house prices. I doubt the   
   characterization of "difficult to sell" will occur unless there is a large   
   recession. What's good for many of these high tech workers is all of the   
   firms that have moved into the Portland area during and since the last   
   recession. Until the mid '90s, Intel was the only silicon design company of   
   significance in the area. During the last rescission, many of the wafer   
   fabs in the Portland area closed. The facilities have been picked up by   
   several large companies and they have relocated design centers to the Metro   
   area. Those that take the hit will be the operators and technicians.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   
|