How long will it be before Orange County Wakes Up?

NEW -> Contingent Buyer Assistance Program
<a href="http://money.cnn.com/galleries/2009/pf/0901/gallery.layoffs_and_salary_cuts/7.html">http://money.cnn.com/galleries/2009/pf/0901/gallery.layoffs_and_salary_cuts/7.html</a>



<blockquote>Take this job - or shove it



Jarrod Posner - 70% pay cut

Old Job: Mortgage lender - $110,000

New Job: Enrollment counselor - $33,000

Hardest thing to give up: I miss the luxury of comfort, knowing we had financial security at all times. I wish I had been smarter.





Posner, 34, was a mortgage lender for home builder D.R. Horton making $110,000 a year until he was laid off last May. Despite applying for many jobs through job-search sites, he received only one offer through a contact at the University of Phoenix in September.



The position, as an enrollment counselor, paid $33,000 a year.



"I was actually thankful because I was getting a job but at the same time my wife and I realized we had to make a lot of lifestyle changes," he said.



Since then, the Posners, who have two children, foreclosed on their home, moved into a rental property, downgraded from two cars to one and learned how to budget.



But despite the hardship, Posner says he is content with his job and happy to be employed. "Through foreclosure and possible bankruptcy, we've realized as a family what's important." - Jessica Dickler</blockquote>


I was shopping at the Spectrum the other day and went into a shop looking for a belt. I figured a store selling nothing but jeans would be a good place to pick one up. Do they have any belts? No, of course not! But they had racks and racks of $150-$200 jeans. I guess when you blow that kind of cash on a pair of jeans, they must levitate on your cheeks...



Now that the US economy is nose diving--there were 2.4 million jobs lost in 2008--who is going to buy this crap? When will the OC lifestyle end?



I should note that the jeans store was completely vacant except for three sales clerks chatting amongst each other.
 
[quote author="Priced_Out_IT_Guy" date=1231844273]<a href="http://money.cnn.com/galleries/2009/pf/0901/gallery.layoffs_and_salary_cuts/7.html">http://money.cnn.com/galleries/2009/pf/0901/gallery.layoffs_and_salary_cuts/7.html</a>



<blockquote>Take this job - or shove it



Jarrod Posner - 70% pay cut

Old Job: Mortgage lender - $110,000

New Job: Enrollment counselor - $33,000

Hardest thing to give up: I miss the luxury of comfort, knowing we had financial security at all times. I wish I had been smarter.





Posner, 34, was a mortgage lender for home builder D.R. Horton making $110,000 a year until he was laid off last May. Despite applying for many jobs through job-search sites, he received only one offer through a contact at the University of Phoenix in September.



The position, as an enrollment counselor, paid $33,000 a year.



"I was actually thankful because I was getting a job but at the same time my wife and I realized we had to make a lot of lifestyle changes," he said.



Since then, the Posners, who have two children, foreclosed on their home, moved into a rental property, downgraded from two cars to one and learned how to budget.



But despite the hardship, Posner says he is content with his job and happy to be employed. "Through foreclosure and possible bankruptcy, we've realized as a family what's important." - Jessica Dickler</blockquote>


I was shopping at the Spectrum the other day and went into a shop looking for a belt. I figured a store selling nothing but jeans would be a good place to pick one up. Do they have any belts? No, of course not! But they had racks and racks of $150-$200 jeans. I guess when you blow that kind of cash on a pair of jeans, they must levitate on your cheeks...



Now that the US economy is nose diving--there were 2.4 million jobs lost in 2008--who is going to buy this crap? When will the OC lifestyle end?



I should note that the jeans store was completely vacant except for three sales clerks chatting amongst each other.</blockquote>
Great article, I might be in the same position as some of those folks in terms of taking a 50%+ pay cut from what I was making. I've already began to significantly adjusting my lifestyle for that fact. I'm honestly considering relocating to another state like Utah, Colorado, or Texas for find decent empolyment if things don't pan out for me in the next 3-4 months here.
 
[quote author="Priced_Out_IT_Guy" date=1231844273] When will the OC lifestyle end?</blockquote>


It never did.



It was all an illusion created on Brian Wilson's piano, and then later fueled by cash out refi's.



<object width="325" height="250"><embed src="http://www.youtube.com/v/youtube" type="application/x-shockwave-flash" width="325" height="250"></embed></object>



Yes, I'm blaming the Beach Boys, and then later underregulated financial companies.
 
[quote author="usctrojanman29" date=1231850279][quote author="Priced_Out_IT_Guy" date=1231844273]<a href="http://money.cnn.com/galleries/2009/pf/0901/gallery.layoffs_and_salary_cuts/7.html">http://money.cnn.com/galleries/2009/pf/0901/gallery.layoffs_and_salary_cuts/7.html</a>



<blockquote>Take this job - or shove it



Jarrod Posner - 70% pay cut

Old Job: Mortgage lender - $110,000

New Job: Enrollment counselor - $33,000

Hardest thing to give up: I miss the luxury of comfort, knowing we had financial security at all times. I wish I had been smarter.





Posner, 34, was a mortgage lender for home builder D.R. Horton making $110,000 a year until he was laid off last May. Despite applying for many jobs through job-search sites, he received only one offer through a contact at the University of Phoenix in September.



The position, as an enrollment counselor, paid $33,000 a year.



"I was actually thankful because I was getting a job but at the same time my wife and I realized we had to make a lot of lifestyle changes," he said.



Since then, the Posners, who have two children, foreclosed on their home, moved into a rental property, downgraded from two cars to one and learned how to budget.



But despite the hardship, Posner says he is content with his job and happy to be employed. "Through foreclosure and possible bankruptcy, we've realized as a family what's important." - Jessica Dickler</blockquote>


I was shopping at the Spectrum the other day and went into a shop looking for a belt. I figured a store selling nothing but jeans would be a good place to pick one up. Do they have any belts? No, of course not! But they had racks and racks of $150-$200 jeans. I guess when you blow that kind of cash on a pair of jeans, they must levitate on your cheeks...



Now that the US economy is nose diving--there were 2.4 million jobs lost in 2008--who is going to buy this crap? When will the OC lifestyle end?



I should note that the jeans store was completely vacant except for three sales clerks chatting amongst each other.</blockquote>
Great article, I might be in the same position as some of those folks in terms of taking a 50%+ pay cut from what I was making. I've already began to significantly adjusting my lifestyle for that fact. I'm honestly considering relocating to another state like Utah, Colorado, or Texas for find decent empolyment if things don't pan out for me in the next 3-4 months here.</blockquote>


I wish you luck. You certainly have the right perspective. At times you have to move to where the work is. In fact, the entire reason I am here right now is because the market in Arizona never returned to what it was in my field after the tech. crash at the beginning of the decade.
 
[quote author="Priced_Out_IT_Guy" date=1231844273]<a href="http://money.cnn.com/galleries/2009/pf/0901/gallery.layoffs_and_salary_cuts/7.html">http://money.cnn.com/galleries/2009/pf/0901/gallery.layoffs_and_salary_cuts/7.html</a>



<blockquote>Take this job - or shove it



Jarrod Posner - 70% pay cut

Old Job: Mortgage lender - $110,000

New Job: Enrollment counselor - $33,000

Hardest thing to give up: I miss the luxury of comfort, knowing we had financial security at all times. I wish I had been smarter.





Posner, 34, was a mortgage lender for home builder D.R. Horton making $110,000 a year until he was laid off last May. Despite applying for many jobs through job-search sites, he received only one offer through a contact at the University of Phoenix in September.



The position, as an enrollment counselor, paid $33,000 a year.



"I was actually thankful because I was getting a job but at the same time my wife and I realized we had to make a lot of lifestyle changes," he said.



Since then, the Posners, who have two children, foreclosed on their home, moved into a rental property, downgraded from two cars to one and learned how to budget.



But despite the hardship, Posner says he is content with his job and happy to be employed. "Through foreclosure and possible bankruptcy, we've realized as a family what's important." - Jessica Dickler</blockquote>


I was shopping at the Spectrum the other day and went into a shop looking for a belt. I figured a store selling nothing but jeans would be a good place to pick one up. Do they have any belts? No, of course not! But they had racks and racks of $150-$200 jeans. I guess when you blow that kind of cash on a pair of jeans, they must levitate on your cheeks...



Now that the US economy is nose diving--there were 2.4 million jobs lost in 2008--who is going to buy this crap? When will the OC lifestyle end?



I should note that the jeans store was completely vacant except for three sales clerks chatting amongst each other.</blockquote>


Give it time the jeans store and many other overpriced stores there will become part of the ever growing food court. Me and a lot of my friends are in the same boat as this guy. He is lucky as he found a job.
 
[quote author="usctrojanman29" date=1231850279][quote author="Priced_Out_IT_Guy" date=1231844273]<a href="http://money.cnn.com/galleries/2009/pf/0901/gallery.layoffs_and_salary_cuts/7.html">http://money.cnn.com/galleries/2009/pf/0901/gallery.layoffs_and_salary_cuts/7.html</a>



<blockquote>Take this job - or shove it



Jarrod Posner - 70% pay cut

Old Job: Mortgage lender - $110,000

New Job: Enrollment counselor - $33,000

Hardest thing to give up: I miss the luxury of comfort, knowing we had financial security at all times. I wish I had been smarter.





Posner, 34, was a mortgage lender for home builder D.R. Horton making $110,000 a year until he was laid off last May. Despite applying for many jobs through job-search sites, he received only one offer through a contact at the University of Phoenix in September.



The position, as an enrollment counselor, paid $33,000 a year.



"I was actually thankful because I was getting a job but at the same time my wife and I realized we had to make a lot of lifestyle changes," he said.



Since then, the Posners, who have two children, foreclosed on their home, moved into a rental property, downgraded from two cars to one and learned how to budget.



But despite the hardship, Posner says he is content with his job and happy to be employed. "Through foreclosure and possible bankruptcy, we've realized as a family what's important." - Jessica Dickler</blockquote>


I was shopping at the Spectrum the other day and went into a shop looking for a belt. I figured a store selling nothing but jeans would be a good place to pick one up. Do they have any belts? No, of course not! But they had racks and racks of $150-$200 jeans. I guess when you blow that kind of cash on a pair of jeans, they must levitate on your cheeks...



Now that the US economy is nose diving--there were 2.4 million jobs lost in 2008--who is going to buy this crap? When will the OC lifestyle end?



I should note that the jeans store was completely vacant except for three sales clerks chatting amongst each other.</blockquote>
Great article, I might be in the same position as some of those folks in terms of taking a 50%+ pay cut from what I was making. I've already began to significantly adjusting my lifestyle for that fact. I'm honestly considering relocating to another state like Utah, Colorado, or Texas for find decent empolyment if things don't pan out for me in the next 3-4 months here.</blockquote>


Maybe you should have stuck with your alma mater for your grad school? :) Bruin hubby got a 33% raise this year, the one Ten called a loser for going to UCLA. Seriously though SC, would you leave? Aren't you originally from here? Could your really live in one of those states?



We talked about leaving CA and were seriously considering some parts of Florida, Charleston and parts of NC. Couldn't stand FL to live and Charleston had some plusses and minuses. If I had to, I think I could live in some parts of NC. However, when we talked about family, aging parents particularly, we concluded we need to stay here at least while they're alive.
 
[quote author="wendyinoc" date=1231930572]Finally a $100K job is worth something. I have felt poor for years... :)</blockquote>


Well it still depends. There are some people pulling down that kinda cash on their interest.... Wish it was me. I just have to settle for a decent job and some side money.

-bix
 
[quote author="no_vaseline" date=1231851334][quote author="Priced_Out_IT_Guy" date=1231844273] When will the OC lifestyle end?</blockquote>


It never did.

</blockquote>


Yes but the bitterness set in all the way back in 1977...



<object width="325" height="250"><embed src="http://www.youtube.com/v/youtube" type="application/x-shockwave-flash" width="325" height="250"></embed></object>
 
[quote author="stepping_up" date=1231929669][quote author="usctrojanman29" date=1231850279][quote author="Priced_Out_IT_Guy" date=1231844273]<a href="http://money.cnn.com/galleries/2009/pf/0901/gallery.layoffs_and_salary_cuts/7.html">http://money.cnn.com/galleries/2009/pf/0901/gallery.layoffs_and_salary_cuts/7.html</a>



<blockquote>Take this job - or shove it



Jarrod Posner - 70% pay cut

Old Job: Mortgage lender - $110,000

New Job: Enrollment counselor - $33,000

Hardest thing to give up: I miss the luxury of comfort, knowing we had financial security at all times. I wish I had been smarter.





Posner, 34, was a mortgage lender for home builder D.R. Horton making $110,000 a year until he was laid off last May. Despite applying for many jobs through job-search sites, he received only one offer through a contact at the University of Phoenix in September.



The position, as an enrollment counselor, paid $33,000 a year.



"I was actually thankful because I was getting a job but at the same time my wife and I realized we had to make a lot of lifestyle changes," he said.



Since then, the Posners, who have two children, foreclosed on their home, moved into a rental property, downgraded from two cars to one and learned how to budget.



But despite the hardship, Posner says he is content with his job and happy to be employed. "Through foreclosure and possible bankruptcy, we've realized as a family what's important." - Jessica Dickler</blockquote>


I was shopping at the Spectrum the other day and went into a shop looking for a belt. I figured a store selling nothing but jeans would be a good place to pick one up. Do they have any belts? No, of course not! But they had racks and racks of $150-$200 jeans. I guess when you blow that kind of cash on a pair of jeans, they must levitate on your cheeks...



Now that the US economy is nose diving--there were 2.4 million jobs lost in 2008--who is going to buy this crap? When will the OC lifestyle end?



I should note that the jeans store was completely vacant except for three sales clerks chatting amongst each other.</blockquote>
Great article, I might be in the same position as some of those folks in terms of taking a 50%+ pay cut from what I was making. I've already began to significantly adjusting my lifestyle for that fact. I'm honestly considering relocating to another state like Utah, Colorado, or Texas for find decent empolyment if things don't pan out for me in the next 3-4 months here.</blockquote>


Maybe you should have stuck with your alma mater for your grad school? :) Bruin hubby got a 33% raise this year, the one Ten called a loser for going to UCLA. Seriously though SC, would you leave? Aren't you originally from here? Could your really live in one of those states?



We talked about leaving CA and were seriously considering some parts of Florida, Charleston and parts of NC. Couldn't stand FL to live and Charleston had some plusses and minuses. If I had to, I think I could live in some parts of NC. However, when we talked about family, aging parents particularly, we concluded we need to stay here at least while they're alive.</blockquote>
What industry does your husband work in?



Honestly, it wouldn't be my first choice to leave Southern California because I already lived in Vegas for 2 years after grad school and missed being here. I was born in Poland and came out to the OC when I was 5 and grew up here ever since. As the saying goes, desperate times call for desperate measures. I'm looking at other options such as interviewing with a small, newer bank as well as possibly going to work for one of my clients. The states that I named off having decent employment opportunities so that's why I'm even considering them. I've only been unemployed for about a month and really didn't begin looking hard for employment until last week as I knew it was useless doing so during the holiday season. I'm not married nor do I have any kids so me moving wouldn't be too difficult. I guess we'll see what happens.
 
[quote author="Priced_Out_IT_Guy" date=1231844273]

Take this job - or shove it

Jarrod Posner - 70% pay cut

Old Job: Mortgage lender - $110,000

New Job: Enrollment counselor - $33,000

Hardest thing to give up: I miss the luxury of comfort, knowing we had financial security at all times. I wish I had been smarter.

</blockquote>


<img src="http://www.poorasianguys.com/photos/uncategorized/2008/03/01/99945996_cbbafd0e1d_o.jpg" alt="" />





<a href="http://www.poorasianguys.com/">http://www.poorasianguys.com/</a>
 
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