Ivy (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
ivybgreenflower) wrote2008-09-30 04:00 am
ivybgreenflower) wrote2008-09-30 04:00 am
Entry tags:
Ek
Remember how my family was on welfare for awhile? And then suddenly my father was buying a Cadillac and we had plenty of money for my 300 dollar prom dress? (Wait, the prom happened first. Whatever.)
THANK YOU, AMERICAN HOUSING MARKET.
My mother's not going to have a job soon, because her boss is old and retiring, and my father... does a lot of mortgage/loan/investment/real estate stuff. He owns several companies, is all I know, and is licensed to do a lot of different housing-markety things. In fact, the fickleness of the "housing market" and banks and the economy in general is why he's got a lot of companies and licenses; back a few years ago when the market was "up" he did a lot of mortgage-y deals (any mortgage broker, whether independent or with a bank, will tell you that doing loans for commercial enterprises makes a million times more money than doing it for regular people) and now, he and his partners are/were doing a lot of those kind of bail-out things; buying people's houses, for example, before the people get foreclosed upon, and then selling them. But even though there are small opportunities- companies are still buying land and starting up, for example- when the economy is this bad, my family is hugely affected.
And my mother wants to start an online children's accessories business. Because people are going to be buying hair ribbons while their banks are flailing. Well, it doesn't hurt to try, I guess.
The only thing I can do is write my novel (and potentially start other writing projects, because I have ideas) and hope for the best. Also, I have a tension headache the size of Wisconsin.
-4:09 AM
THANK YOU, AMERICAN HOUSING MARKET.
My mother's not going to have a job soon, because her boss is old and retiring, and my father... does a lot of mortgage/loan/investment/real estate stuff. He owns several companies, is all I know, and is licensed to do a lot of different housing-markety things. In fact, the fickleness of the "housing market" and banks and the economy in general is why he's got a lot of companies and licenses; back a few years ago when the market was "up" he did a lot of mortgage-y deals (any mortgage broker, whether independent or with a bank, will tell you that doing loans for commercial enterprises makes a million times more money than doing it for regular people) and now, he and his partners are/were doing a lot of those kind of bail-out things; buying people's houses, for example, before the people get foreclosed upon, and then selling them. But even though there are small opportunities- companies are still buying land and starting up, for example- when the economy is this bad, my family is hugely affected.
And my mother wants to start an online children's accessories business. Because people are going to be buying hair ribbons while their banks are flailing. Well, it doesn't hurt to try, I guess.
The only thing I can do is write my novel (and potentially start other writing projects, because I have ideas) and hope for the best. Also, I have a tension headache the size of Wisconsin.
-4:09 AM
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