My original msg was a little tongue-in-cheek to an earlier post.

However, I think it does go to show that with the continued outflow of jobs
to offshore locations, the prospects of productive employment is decreasing.
With the loss of productive employment, the housing market growth will slow
and then regress. A family will not be able to afford a home a with the
annual income of burger flippers.

I resently heard a little blurb that one of the major burger chains (
McDonalds comes to mind ) was working with some group to develop a better
grill for their environment that would automate grilling process of their
burgers ( exception to Burger King who flame broils their ), including the
flipping of the burger at the correct time. The idea, as reported, was to
produced a more consistent product for the consumer. Bologny makes more
since. Reduce the need for the flippers and the labor goes down even more.
True, there would be some consistancy in the product but it makes more sense
to recoup investment in the equipement via reducing labor and related labor
issues.

I guess I will have to bypass the burger job and practice saying "Would you
like to Super Size."

Relax, tomorrow is Friday.


-----------------------------
 Joe Andress writes:
 You will not have to worry about selling your house. No one will be
 able to afford a home and the property tax rate is not very high on a
 multilevel cardboard box under the interstate bridge.

Ken replied:
So far there's no sign of this, to say the least.  Even during the current
 recession, the home ownership rate continues to rise.  It is now at an all
 time high of 68.4%.

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