Laid Off in Paradise, What Do You Do?

I'm glad Cathy Murillo did a piece on the recent spate of layoffs in our area in The Independent. I was beginning to think we were all in denial about it.

We have people out of work across a great many industries. Stock Building Supply which used to be near Casa de la Raza through Texas Instruments, Citrix Online, Sonos and QAD. The Pacific Coast Business Times estimated 1,780 layoffs in the tri-counties in December. There have been a few more since then.

I think we will see a significant number of people leave Santa Barbara to find opportunities elsewhere. This will likely trickle down to the housing market too, no? It's too bad all the money financial institutions made a few years ago never seemed to make it down the line. I like the idea of paying it forward rather than assuming it will trickle down.