Unemployment map set in motion 07-09

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Unemployment map set in motion 07-09

Kenneth Adams
Homeowner · Towanda, IL · Member since 2009 · 5 posts · 8 votes

Interesting link

http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.html

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Timothy W.
Attorney · Raleigh, NC · Member since 2008 · 4k+ posts · 1k+ votes
16y

Curious is anyone else looked at this map and was thinking it looked like one of those maps Hollywood does for a zombie invasion or an epidemic?

Look at it again and compare to the movies. Apparently the same geographic areas where epidemics and zombie invasions start are where unemployment infects as well.

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  • Steve Babiak
    Real Estate Investor · Audubon, PA · Member since 2009 · 13k+ posts · 8k+ votes
    16y

    Great link showing an animation of changes to unemployment rate by county over time. Looks like the Plains states are the only ones staying out of the "black rate" (>=10% unemployment).

    0Reply
  • Susan Anthony
    Real Estate Investor · Poughkeepsie, NY · Member since 2008 · 69 posts · 4 votes
    16y

    Isn't it ironic that some of the best deals in the foreclosure market are also in counties where unemployment is the highest.
    That might make it difficult to collect rent from one's tenants if they have lost their income.

    moneypenny

    1Reply
  • Kenneth Adams
    OP
    Homeowner · Towanda, IL · Member since 2009 · 5 posts · 8 votes
    16y

    I guess it all depends on where you are and who you rent to. I wouldn't think that student rentals whould change much.

    Recent grads are also having a harder and harder time finding employement, many of whom are piecing together part time, seasonal, and temporary work. Those situations should lead to renting instead of buying.

    0Reply
  • Steve Babiak
    Real Estate Investor · Audubon, PA · Member since 2009 · 13k+ posts · 8k+ votes
    16y
    Originally posted by Kenneth Adams:
    ...
    Recent grads are also having a harder and harder time finding employement, many of whom are piecing together part time, seasonal, and temporary work. Those situations should lead to renting instead of buying.


    More likely that they might move back home to Mom and Dad ...
    0Reply
  • Nick J.
    Residential Real Estate Broker · Payson, AZ · Member since 2009 · 3k+ posts · 1k+ votes
    16y

    That's an amazing visual for sure!! Thanks for that

    0Reply
  • Mark N.A
    Real Estate Investor · North Carolina · Member since 2008 · 1k+ posts · 483 votes
    16y

    Thanks for posting that link. Very sobering visual perspective of what we're all in the middle of.

    0Reply
  • Bryan Hancock
    Investor · Round Rock, TX · Member since 2010 · 8k+ posts · 4k+ votes
    16y

    Scary stuff...I saw that once before from a feed on LinkedIn. Hopefully things will turn back to the others colors with things improving now.

    0Reply
  • Mark UpdegraffBusiness Member
    Real Estate Broker · Rochester, NY · Member since 2010 · 1k+ posts · 711 votes
    16y

    Awesome link! Thanks for sharing!!

    Podcast Guest on Show #112
    Updegraff Group Realty4.746 Reviews
    WebsiteView Page
    0Reply
  • Account Closed
    Landlord · Seattle, WA · Member since 2010 · 3k+ posts · 1k+ votes
    16y

    Great link, The increasing unemployment is really hitting the majority of the country now. I wonder what this animation would look like if the full unemployment was displayed.

    0Reply
  • Rich Weese
    Real Estate Investor · the villages, FL · Member since 2008 · 5k+ posts · 3k+ votes
    16y

    How do we get the link to come up. I try to copy it and get a choice of Clip or couple other choices. Rich

    0Reply
  • Mark UpdegraffBusiness Member
    Real Estate Broker · Rochester, NY · Member since 2010 · 1k+ posts · 711 votes
    16y
    Originally posted by Rich Weese:
    How do we get the link to come up. I try to copy it and get a choice of Clip or couple other choices. Rich

    Try This:

    http://cohort11.americanobserver.net/latoyaegwuekwe/multimediafinal.html

    Cheers,
    Mark

    Podcast Guest on Show #112
    Updegraff Group Realty4.746 Reviews
    WebsiteView Page
    1Reply
  • Christopher W.
    Residential Real Estate Agent · Orange County, CA · Member since 2009 · 289 posts · 95 votes
    16y

    Great find. Really puts everything into perspective.

    0Reply
  • Timothy W.
    Attorney · Raleigh, NC · Member since 2008 · 4k+ posts · 1k+ votes
    16y
    Originally posted by moneypenny:
    Isn't it ironic that some of the best deals in the foreclosure market are also in counties where unemployment is the highest.
    That might make it difficult to collect rent from one's tenants if they have lost their income.

    moneypenny


    Makes it very hard. I have cut rent on every property to keep them tenanted. It's a temporary condition but that doesn't mean it's not real.
    1Reply
  • Bryan Hancock
    Investor · Round Rock, TX · Member since 2010 · 8k+ posts · 4k+ votes
    16y

    It seems like they are doing a pretty good job of updating the map. I think it stopped at May of this year when I looked at it today and it is still pretty ugly! Hopefully it will start to shape up in the next year or so.

    0Reply
  • Timothy W.
    Attorney · Raleigh, NC · Member since 2008 · 4k+ posts · 1k+ votes
    16y

    Curious is anyone else looked at this map and was thinking it looked like one of those maps Hollywood does for a zombie invasion or an epidemic?

    Look at it again and compare to the movies. Apparently the same geographic areas where epidemics and zombie invasions start are where unemployment infects as well.

    2Reply
  • Account Closed
    Landlord · Seattle, WA · Member since 2010 · 3k+ posts · 1k+ votes
    16y

    Wonder if the zombie attacks are causing people to flee their jobs? I thought many of the zombies were located in Washington DC.

    0Reply
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