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# A sign of bad things to come?

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Current Student
Joined: 04 Dec 2006
Posts: 440
Followers: 1

Kudos [?]: 7 [0], given: 0

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27 Mar 2007, 04:52
died4me wrote:
I need to sell my house, too
I am actually ready to accept that this is a buyer's market. NO! not really!

Haha, I think the whole housing market crisis has not set in yet, probably wont for a good year and a half (if it does?). But since the market is coming off such a stellar run, people are speculative and are making things seem worse than it is. However, I really cannot help but worry.
Senior Manager
Joined: 05 Mar 2006
Posts: 348
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Kudos [?]: 12 [0], given: 0

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27 Mar 2007, 06:50
pelihu wrote:
Citigroup may cut 15,000 jobs, and might reduce hiring next year. That can't be good for people looking for jobs next spring.

http://money.excite.com/jsp/nw/nwdt_rt_ ... d8o3udlo0&

Citigroup has almost 330,000 employees worldwide, I'm sure its just an annual clean-up, except that it was long due!
SVP
Joined: 01 Nov 2006
Posts: 1855
Schools: The Duke MBA, Class of 2009
Followers: 16

Kudos [?]: 203 [0], given: 2

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27 Mar 2007, 07:43
We met with a realtor yesterday and will be putting the place on the market in the next month. I'm not too worried about it - Ithaca's prices are high for upstate NY, but never experienced the level of insanity that so many other markets did. And we continue to have a solid local job market with a lot of housing demand due to the regular influx of grad students and Cornell professionals, plus all the folks outside the county who commute in but would like to live here. And then there are the people who moved here because it's such a great town. The local forecast is slower, but still solid.

Obviously, we haven't sold yet, but I am confident we'll get our money's worth and will have a little nest egg as well. Maybe we'll buy a place in Durham. I hate the idea of renting again.
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Joined: 30 Mar 2006
Posts: 1737
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27 Mar 2007, 08:01
aaudetat wrote:
We met with a realtor yesterday and will be putting the place on the market in the next month. I'm not too worried about it - Ithaca's prices are high for upstate NY, but never experienced the level of insanity that so many other markets did. And we continue to have a solid local job market with a lot of housing demand due to the regular influx of grad students and Cornell professionals, plus all the folks outside the county who commute in but would like to live here. And then there are the people who moved here because it's such a great town. The local forecast is slower, but still solid.

Obviously, we haven't sold yet, but I am confident we'll get our money's worth and will have a little nest egg as well. Maybe we'll buy a place in Durham. I hate the idea of renting again.

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Joined: 01 Nov 2006
Posts: 1855
Schools: The Duke MBA, Class of 2009
Followers: 16

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27 Mar 2007, 19:09
jaynayak wrote:
aaudetat wrote:
We met with a realtor yesterday and will be putting the place on the market in the next month. I'm not too worried about it - Ithaca's prices are high for upstate NY, but never experienced the level of insanity that so many other markets did. And we continue to have a solid local job market with a lot of housing demand due to the regular influx of grad students and Cornell professionals, plus all the folks outside the county who commute in but would like to live here. And then there are the people who moved here because it's such a great town. The local forecast is slower, but still solid.

Obviously, we haven't sold yet, but I am confident we'll get our money's worth and will have a little nest egg as well. Maybe we'll buy a place in Durham. I hate the idea of renting again.

Ask me next week, once I'm back from BDW. but, yeah, probably
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Joined: 30 Mar 2006
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27 Mar 2007, 20:37
Enjoy the weekend..and reject UNC ASAP so that they can send your money my way.

Intern
Joined: 28 Mar 2007
Posts: 26
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Kudos [?]: 1 [0], given: 0

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28 Mar 2007, 17:54
aaudetat wrote:
nervousgmat wrote:
I work for Citigroup ....

nervousgmat, can you tell me anything about Citigroup? I'm mostly interested in working for the community investment division of a large bank like Citi or Chase, but would like to know more in general. If you are willing to share anythihg, that would be great. And maybe post it to the new corporate profiles sub-forum.

thanks!

Hey, are you talking about the citi community development division? I know the management associates in the CBG (commercial business group) have the opportunity to do one of their rotations doing that. I believe sections in that group also do investing of some sort, but I'm not too sure on specifics. Sounds like a cool group though.
28 Mar 2007, 17:54

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