subject: Value of Real Estate in Everett Affected by Govt Program [print this page] 1 In 4 Out of work affects value of Everett Houses How do Everett houses keep there value when 1 in 4 out of work? The value of real estate in Everett is hurt when 22% are unemployed. I have been shouting this for months.. Mr. Obama we need JOBS. Today the White House breathlessly announced that a $2,300,000,000 Green Jobs program that will create approximately 17,000 subsidized TEMPORARY JOBS. Well lets see $2,300,000,000 divided by 17,000 equals $135,295.19 per TEMPOARY JOB. Heck of a deal Mr. Obama. These TEMPORARY JOBS he has created will be in wind and solar industries. These industries have to have a 30% subsidy to get even close to being economically viable. NONE of the technology is invented yet. Without a staggering improvement in technology they cant compete in the market place. This is unsustainable. The stupidity of the Obama administration is appalling. If he really wanted to create jobs he could start with simply drilling for the oil we will need for any recovery that might take hold, even in this political environment. In just a year or two when (if) a recovery starts, unless we drill now we will see $6 and $7 a gallon gasoline. Then when that happens any recovery is dead before it even starts. How are we going to pay our mortgages in Everett? How will we keep the value of real estate in Everett from falling thru the floor? If 22% or about 1 in 4 is out of work how does that affect the value of houses in Everett? Now you have idiots like the Governor of Wisconsin, a state I used to live in. Wisconsin Gov. Doyle says a clean energy bill will mean thousands of green jobs and result in energy savings for consumers and business. This guy takes you for a complete fool. He says that this Clean Energy Bill will create 15,000 green jobs by 2025. What we do until then is a mystery to me. The value of real estate in Everett will remain stagnate for the foreseeable future. Everett homes will not appreciate in value without more jobs, its that simple. Jim Johnson and comments are always welcome. Everett Mortgage On Line
Value of Real Estate in Everett Affected by Govt Program