Quote:
Originally Posted by Rusty
Local kids who got jobs on the drill rigs here are blowing through some money. All the new trucks, cars, bikes, and side by sides, around the neighborhood. 
You're in a mature market there. Here, when they first started to drill the Marcellus and now Utica gas field. They had to import skilled people. To do that. They had to raise wages. For a while, if you when out to dinner. It sounded like you was in Texas or Louisiana and it looked like it too. And then the Mexicans came with their restaurants.  |
That’s very true but that doesn’t last and if it does it’s a market nobody wants to live in. Any sector will overpay when workers aren’t available.
Kids blowing money happens here too. Most of the designers live like the money will never stop coming in. It was sad when the market dropped out. People literally listed their house the same week they got laid off. No savings whatsoever even though they’d been making deep six figures for years.