[RedHeaded RedLine]

Originally Posted by xmicro_Redline

I think it is more of the way the whole countries economics are structured that would cause a complete collapse of the big 3. But the Economy will push them over the edge. From housing prices, to the massive cost of living period. Let's face it, if a couple does not pull down $125,000 to $150,000 a year in a City Area, like NY you can not live and own a house and car.

Your entire thesis is based on living in cities like NYC.
We take in less than $50k/annum (9 years teaching - masters degree) but have a 17 year old, 1,800 sqft house, in a desirable subdivision. We drive an ’06 Volvo V70R and an ’08 Sky RedLine. Our streets are clean, our roads are smooth, our neighbors friendly & concerned, our taxes low (~$400 on a $200,000 home), our weather is great, our air is fresh - even if humid, our energy is cheap ($.06/kw, $4.01 Sunoco 93), our nights are safe. I can’t remember the last time I heard a car alarm. The state does not forbid us from having a gun in the house, yet need it so much less than in NY. Every morning, the first thing we would do in NY, is look out the window to see if we were still car owners, or insurance claimants.
Grand Prix SJ – broken into.
Buick Grand National - broken into/wheels stolen 8 times before they finally got it on the 9th. (3 years)
Minivan - stolen.
New minivan attempted stolen in first 2 weeks.
Minivan hit in the snow 3x…never a note! (3 years)
Corolla mirrors stolen
We lived in a great neighborhood with good people, but its proximity to the Bronx River Parkway allowed the savages from the south Bronx to come and feed on our block like piranha. After too much, we escaped.
If the cost of living is too high…if you do not think you are being compensated sufficiently to live the life you want to live in NYC, try getting out and living in America. -J