bostonbubble.com Forum Index bostonbubble.com
Boston Bubble - Boston Real Estate Analysis
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

SPONSORED LINKS

Advertise on Boston Bubble
Buyer brokers and motivated
sellers, reach potential buyers.
www.bostonbubble.com

YOUR AD HERE

 
Go to: Boston real estate bubble fact list with references
More Boston Bubble News...
DISCLAIMER: The information provided on this website and in the associated forums comes with ABSOLUTELY NO WARRANTY, expressed or implied. You assume all risk for your own use of the information provided as the accuracy of the information is in no way guaranteed. As always, cross check information that you would deem useful against multiple, reliable, independent resources. The opinions expressed belong to the individual authors and not necessarily to other parties.

Spring is BAAACK
Goto page Previous  1, 2, 3, 4, 5  Next
 
Post new topic   Reply to topic    bostonbubble.com Forum Index -> Greater Boston Real Estate & Beyond
View previous topic :: View next topic  
Author Message
john p



Joined: 10 Mar 2006
Posts: 1820

PostPosted: Thu Apr 01, 2010 1:40 pm GMT    Post subject: Reply with quote

When a market goes through contractions people become anxious about job security. People that get paid more than what they are worth tend to see market corrections. However certain industries have pretty good infrastructure and influence to keep their income levels up. People who control money, health care, politics and those that organize themselves sometimes have a stronger presence. However, when times are good, the IT Engineer isn't bird dogging the Union Government worker's salary levels, but when he has to work long hours just to stay in the game, it is going to piss the hell out of him to see Unions getting sweetheart deals like exemptions on their Caddilac Health Care Plans.

Man I listened to a good portion of that link that Kadrian posted and man, if that is true it is unbelievable. Basically it talked about how some of the auto plants controlled by Unions were run like prisons; people would get drunk, get high, have sex, fall asleep etc. And sure, I can see a lot of people in competitive industries having a real issue with seeing these same people wanting to exploit the public safety net. A side note is that NPR makes a sport out of bashing the United States. Anything that frames us as being weak and lazy they will run the story. What they don't realize is that although they are very Left leaning, they don't realize that the Unions are a big plank in the Democratic Party.

Just like the value propositions in education, home value exist, we are also seeing debate on the value of certain roles in society. I think it takes a handful of years to correct. I think a lot of people got into IT fifteen, twenty years ago because they thought they'd make a ton of money because the first IT Engineers did so you got a glut in the market. We got a glut of architects, real estate agents, etc. Now you're going to see a ton of people wanting government jobs because people today are saying how stupid they were to work in the private sector when they could have worked 1/3 the effort and gotten twice as far ahead.

I think 2010 will be about control of Congress. Obama put in a big Union Lawyer to be on the National Labor Relations Board in a recess appointment....

http://www.bloomberg.com/apps/news?pid=20601070&sid=a6lxdPTFhd_k

When so many people understand that the Unions are killing us and bloating government, to do this appointment during a recess is begging for backlash. It's like when we're overspending, their solution is to spend more, and when we need to purge Unions because they are driving up costs, they are making them more powerful. It's not just politics, it's like if you want to win you put the people on the court that can put points on the board and if we want to win, we need to get the slugs off the court.
Back to top
View user's profile Send private message
BD
Guest





PostPosted: Thu Apr 01, 2010 1:47 pm GMT    Post subject: Reply with quote

I'm not going to get into a pissing match with you guys, except to say:
You have no idea what you're talking about. Unless you've been in the classroom, you can't opine with any authority. It's a tough job, period.

BTW, I'm a former software engineer and current math teacher.

And isn't this supposed to be a real estate message boeard?
Back to top
Kaidran



Joined: 17 Mar 2010
Posts: 289

PostPosted: Thu Apr 01, 2010 2:00 pm GMT    Post subject: Reply with quote

You cannot have it both ways. You cannot have a report showing just how bad work in an American car plant was because of the union protection, without showing American workers were bad. The GM bankruptcy is surely a demonstration that the market decided that GM was not well run. Would not the ability to admit when we are wrong be a good thing in your firm handshake, steely gaze world?

The messages I got were more that the plant was terrible but it was turned around spectacularly by good leadership and cooperation. Also the failure at GM was at every level of management, so not just a problem with the Union. The problems seemed more caused by separation and protectionism from both the union and management. Also nobody believed that they could be out of work and without it nobody felt motivated to change.

BD: it gets diverted quickly because most people here have had the same RE arguments 50 times. What made you want to be a teacher?
Back to top
View user's profile Send private message
john p



Joined: 10 Mar 2006
Posts: 1820

PostPosted: Thu Apr 01, 2010 2:03 pm GMT    Post subject: Reply with quote

Yes it is a real estate board, but the mental calculus gives you a real sense of the predisposition of people's behavior.

For example, in the late 90's more and more stay at home moms were going to work and salaries started to go up. This economic activity along with lowered mortgage rates born the housing bubble. People saw their future as steep trajectory upward, overextended and had very little emergency funds because the market was plentiful. When you talk to a lot of people and you see them afraid for their jobs, then you can easily guess that people won't be extending themselves very much and making sure that they have a padded emergency fund.

BD, ignore the details about the arguments about the value propositions of different jobs in the market, but deposit the knowledge what people are weighing. If your buying or selling you can understand what people are marketing. An "Immune Town" the guys here have defined as a town that doesn't lose value because yuppies will always line up to send their kids to their school systems. This year, people are evaluating the fact that a neighboring town can have the identical house selling for $250K less and with this new price structure and overall thinking that the economy is going to shrink further, it is causing even yuppies who are predisposed to marching along with the program to reconsider their own conventional wisdom.

Part of marketing is delving into the minds of the people buying and selling. Don't get caught up on the actual points people are making, think about WHAT subject and what issues they are weighing and try to get a sense of how much value they are adding. It is amazing how looking at these things can give you insight...
Back to top
View user's profile Send private message
jfunk138



Joined: 27 Mar 2010
Posts: 10

PostPosted: Thu Apr 01, 2010 2:09 pm GMT    Post subject: Reply with quote

BD wrote:

And isn't this supposed to be a real estate message boeard?


I think it's relevant because there are basically 2 things that determine the price of the dirt upon which houses are built: 1. Proximity to jobs 2. Quality of schools. There are those on this board that feel that a simple reallocation of limited tax dollar resources from bad teachers to good teachers could go a long way towards increasing #2. Second we are jealous that someone can make such a high salary as Boston Public school teachers but with virtually no accountability for the outcome of their work. Their incredibility generous vacation periods and benefits packages only compound this jealousy.
Back to top
View user's profile Send private message
Boston ITer



Joined: 11 Jan 2010
Posts: 269

PostPosted: Thu Apr 01, 2010 2:10 pm GMT    Post subject: Reply with quote

Quote:
You have no idea what you're talking about. Unless you've been in the classroom, you can't opine with any authority. It's a tough job, period.


I'm suspecting that you're a newcomer into the field. My tenured teacher acquaintances complain of persistent boredom, not whether or not it's a tough job. The tough part were those first few years of getting into the system.

There's a saying by an Immune HS teacher and that's "AP classes are self-taught and thus, require the least amount of preparation". Now, if those are the best students, I can imagine the amount of care put in for those sections which need the most help.

In my line of work, the saying is the opposite... "Do as you're told or you're outta here". Thus, many of us, who'd survived the telecom bust, are now at the whim of fickle executives. This is quite different than being a part of a teacher's union.
Back to top
View user's profile Send private message
GenXer



Joined: 20 Feb 2009
Posts: 703

PostPosted: Thu Apr 01, 2010 2:35 pm GMT    Post subject: Reply with quote

I don't think I'm jealous of teachers. It is a hard job. And I wouldn't want to be a teacher in Boston. But which jobs are easier? This doesn't mean that the job I chose is any easier - it only means that I didn't pick the teacher's job because it would not have worked for me. I'm sure that I will reconsider someday - I like to teach, and I was a TA in college/graduate school. My argument is that when public money is involved, we need to be able to replace teachers who don't perform with those who do. Then maybe only those who truly want to do it will be represented. It appears that being a teacher can be considered as a cushy job for some who would rather not try to find a job in the private sector, where there is competition and the pay is much worse (if you can find a job). Also, there is a reason why some towns have good schools, and some don't - it has nothing to do with the money that is spend per student - there is no evidence that this makes any difference. I'd venture to say that this has to do with the quality of the students themselves.
Back to top
View user's profile Send private message
BD
Guest





PostPosted: Thu Apr 01, 2010 3:24 pm GMT    Post subject: Reply with quote

I was a SE for 9 years and have been a teacher for over 10 years now. I posted earlier that the BPS pay scale is very high. I suspect it's battle pay. We suburban teachers don't make anywhere near that much.
I don't know any teacher that's bored.
And as for job security, my school is terminating a tenured teacher this year. It's a myth that you can't fire a teacher. There's a procedure for termination, but that's true in private industry also. The only security my contract affords me is that RIFs are done by seniority.
Most school systems fire plenty of nontenured teachers.
I love my job, but it's not easy, and it's not boring.
Back to top
jfunk138



Joined: 27 Mar 2010
Posts: 10

PostPosted: Thu Apr 01, 2010 3:33 pm GMT    Post subject: Reply with quote

BD wrote:
There's a procedure for termination, but that's true in private industry also.


Sure you can follow the procedure to terminate somebody in private industry but that's usually far too complicated. The easier way is layoffs. When private industry has layoffs they don't have to follow seniority or tenure. The first to be made "redundant" are low performers or problem employees. In the school system it would be virtually impossible to get rid of a low performing but high seniority person using layoffs.
Back to top
View user's profile Send private message
balor123



Joined: 08 Mar 2008
Posts: 1204

PostPosted: Thu Apr 01, 2010 3:37 pm GMT    Post subject: Reply with quote

CC wrote:

Just because I am not an engineer I am not qualified to judge their work? What kind of attitude is that? So I am not a president, I can't judge Bush or Obama did to our tax money? I don't cook, but at least I have a taste. I can judge a chief's food, especially if I PAY to have a nice dinner. Same goes for the stuff I bought.


Sorry I didn't mean to sound insulting. It's not that you in particular are a bad judge and I included that link to show that others have had a similar view. In fact, our field is increasingly suffering from the view of commoditization. People are so used to have reliable power every day that they've started to treat not only it as a commodity but also the workers who make it possible. Just look at the quality of power systems in other countries and you'll see the difference. Engineering is, as the BLS defines it:

Quote:
Engineers should be creative, inquisitive, analytical, and detail oriented.


In other words, hire different engineers and you'll get a different product.

I'm sorry but it's true. If you want to find a good doctor, then you have to have ask another doctor for a reference because consumers understand very little about medicine. You can certainly capably judge whether a product works well for you or not but if you don't understand what problems are involved in designing a cell phone and what the existing solutions are to those problems, then you can't appreciate what hurdles were jumped to get there.

As for presidents, yes we are all terrible judges of presidents. We don't know half the crap that they go through and for that I respect them all because I think it is a lot harder than most Americans give them credit for and we just don't understand what's involved in running a country. Instead, we tend to nitpick about little details while they have to worry about the big picture.

Quote:

We all know there are so many bad teachers but it's also very hard to admit there are so many bad engineered products or..... bad engineers. Engineers may have slightly higher IQ than teachers (that's also because the data counts college teachers as different group), but it also required more than just IQ to be a good teacher (so do engineers).


There certainly are bad engineers and there are bad products but my point was that even the best engineers don't make much more than the median school teacher in BP (check the BLS link above) with many more unattractive qualities. Not only are we threatened by outsourcing but rapid technological evolution can quickly make an engineer irrelevant. I know many older engineers (40+) who can't compete anymore because their expertise is no longer useful.

Engineers can only expect to be employed by a company for 3-5 years on average and recently (past decade) have often been subject to financial stresses during those times such as reduced vacation time, layoffs, and pay freezes. In my first four years of employment I saw 4 rounds of layoffs. At my next employer I saw two within the next two years. 1/2 of the 8 years that I've been working have been under pay freeze conditions and my vacation was reduced to 15 days for the last two years (and we don't get separate sick days!). Those looking for a good stable career don't choose engineering - they choose law or medicine - and partly for that reason this country has had significant trouble producing enough engineers.

Quote:

Besides, I am not an engineer, and I am not a teacher either, but I know CGI and PHP programing well. If a person has a good logic and learn the language, programing is not as hard as people thought (though engineering is very broad.... just like teaching).


This state is indicative of another problem that our field suffers from - most Americans don't even know what engineers do. Programming is not engineering, though some engineers do program as part of their job. You can learn CGI and PHP in 15 days but you need 5 years and several years of experience to become a competent engineer.
Back to top
View user's profile Send private message Send e-mail
balor123



Joined: 08 Mar 2008
Posts: 1204

PostPosted: Thu Apr 01, 2010 3:47 pm GMT    Post subject: Reply with quote

BD wrote:
I'm not going to get into a pissing match with you guys, except to say:
You have no idea what you're talking about. Unless you've been in the classroom, you can't opine with any authority. It's a tough job, period.

BTW, I'm a former software engineer and current math teacher.

And isn't this supposed to be a real estate message boeard?


First, I apologize to Kaidran for the misquote.

I never stated that teaching is an easy job and I don't totally agree with all the comments about teachers made here. It is definitely a hard job and a valuable one to society. However, I can think of much harder jobs like construction work (under the sun all day, constant threat to personal safety, long hours, etc) or my daycare workers (constant colds, long hours, babies constantly trying to destroy themselves, irritating music, nasty smells, etc). It is merely not a selective job, especially at the early levels. At the bottom you have daycare workers and at the top you have university level professors.
Back to top
View user's profile Send private message Send e-mail
BD
Guest





PostPosted: Thu Apr 01, 2010 3:48 pm GMT    Post subject: Reply with quote

Where are all these low performing - high seniority teachers ?
People buy into these myths. Of course there are some bad teachers. But the VAST majority of them are competent and hard-working. If they're not, they can be terminated.
I said I didn't want to get into a pissing match, so I'll stop here.
Back to top
john p



Joined: 10 Mar 2006
Posts: 1820

PostPosted: Thu Apr 01, 2010 4:50 pm GMT    Post subject: Reply with quote

My town is part of a regional school district. They located the regional school in the centroid of 4 towns. Within a few years of building this school, one of the towns split off.

The teachers were given a choice as to either stay at the regional district or go to the school for the town that was splitting off. The teachers with seniority decided to stay with the current regional school and the younger teachers went to the school for the town that was splitting off.

Guess which school's scores went up more? The school loaded up with the older teachers with tenure and seniority PERFORMED SIGNIFICANTLY WORSE. So now, our school district is more expensive and doesn't perform as well as the town that branched off and the school is further for me from the new physical location's centroid now that that other town has split off....
Back to top
View user's profile Send private message
Boston ITer



Joined: 11 Jan 2010
Posts: 269

PostPosted: Thu Apr 01, 2010 5:00 pm GMT    Post subject: Reply with quote

Quote:
doesn't perform as well as the town that branched off


John, here's my question... are the students in the new town, the more motivated ones? The reason why I ask is that many "Immune" honors sections tend to have students who get good marks, regardless of the quality of their instructors. This is how the senior staff never gets called on the carpet because they know that their students will never underachieve. On the other hand, if the less motivated students stayed behind then there's now a true correlation between a tenured staff and a stagnant student body.
Back to top
View user's profile Send private message
CC
Guest





PostPosted: Thu Apr 01, 2010 5:37 pm GMT    Post subject: Reply with quote

If many engineers think any engineer can become a teacher or engineers have the diverse training to succeed as teachers, and also think teachers get paid well, probably better than engineers, why don't you just change your carrier. If it's easy, and you are just around 40 years old, it's not late.

It's easy to become a teacher. The job is easy and secured. No worry about layoff. Pay well, 3 months vacation.....etc, you should just have the diverse training to succeed as teachers.

I strongly suggest you to change your carrier while you can. Though by the time you become a teacher, you probably will complain why engineers get paid so well, why your school does not offer stock options, why parents are so difficult to deal with, why American kids just don't want to learn, why do you have to prepare classes in the summer, why people think teachers are over-paid or teaching is a bad job.....etc.

=======================

Seriously, it's not easy to be a teacher. I don't know about elementary or high schools, but for college level, it's very hard to get a job. Sometime more than 400 people apply for a stupid part-time job. And they don't pay well. Besides, I guess a lot of teachers are teaching in private schools which are not in public system.

Of course, I can understand it's much harder for engineers to keep their jobs. My friend who used to work for Lucent got lay-off twice. They have to learn new techniques in order to stay in business. It's a tough job. However, please do not use that kind of attitude to judge other professions. Everyone has difficulties!

BTW, I was a bit shocked that American kids' math is so bad when I arrived the US about 15 years ago. I really don't know what they learned in schools, but I also have to admit a lot of American kids are very creative. That's probably even more important, though for averaged American kids, I don't think they are very competitive in the near future.
Back to top
Display posts from previous:   
Post new topic   Reply to topic    bostonbubble.com Forum Index -> Greater Boston Real Estate & Beyond All times are GMT
Goto page Previous  1, 2, 3, 4, 5  Next
Page 3 of 5

 
Jump to:  
You can post new topics in this forum
You can reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Forum posts are owned by the original posters.
Forum boards are Copyright 2005 - present, bostonbubble.com.
Privacy policy in effect.
Powered by phpBB © 2001, 2005 phpBB Group