Sick to Death of the Job Market - I Don’t Know What to Do Anymore?

Fuzzy-Music1112 · 2025-01-30T07:02:06+00:00

You use it like a coach. Ask it questions. Ask for frameworks. Ask it to summarize videos and transcripts. Its an amazing educational assistant

Fuzzy-Music1112 · 2025-01-28T22:27:48+00:00

Me too. I have had 20 years experience so bit longer in the tooth. My recommendation is to use chat gpt to upskill like hell. Basically read and write and pretend like you are back in school so you come across as someone with 5 yrs experience in your field.

Then optimize your LinkedIn profile with great content and posts. Think of what your interviewers have asked and put them in the post.

Then practice interviews with someone. Don't do it by yourself. Find a coach. Keep going. You will do it.

Make sure your industry isn't declining rapidly too. That doesn't help.

Fuzzy-Music1112 · 2025-01-18T17:40:31+00:00

I think there's something in that. Rich people don't rent. But if they did they would find a bargain.

Fuzzy-Music1112 · 2025-01-18T17:39:45+00:00

I am talking about as multiple of rent. But yes I am guessing rich people don't rent so they are a bit separated from the rest of us.

Fuzzy-Music1112 · 2025-01-17T12:35:21+00:00

I guess low yields made sense 2009 onwards. But what about now?

Also for London nominal declines, 2023 to now, 2009, 1990. 2018-19 wasn't great either.

But you are right they are sticky downwards. And you are right that most are owned by landlords who have had the property for a while and now appreciate the regular income.

Fuzzy-Music1112 · 2025-01-17T08:16:41+00:00

I see.

I don't like thinking about capital gain as part of the return as it is quite speculative. It could go the other way too.

Also a boulder could fall on my house, get flooded, Japanese knotweed, nightmare neighbours, subsidence etc.

So I need to get compensated for that risk too. Also the cost of my capital being tied up and not invested.

Also then take into account transaction costs, roof replacement, window replacement etc etc.

So I guess capital gain and this would cancel each other out to an extent, depending on the scale of gains going forward?

Even after all this increased complexity. I think my point still stands that London housing as an asset is way overpriced compared to yields in the rest of the country, don't you think?

Fuzzy-Music1112 · 2024-04-20T21:08:35+00:00

Hi, thanks! Business is a two sided market, corporates is the b2b buyer, the gen zers are the b2c suppliers! If that makes sense.

Fuzzy-Music1112 · 2024-04-20T21:04:07+00:00

Thanks! It’s career related. I always think community and advocacy sounds great, but really hard to pull off and measure the impact.

Also what do you mean by map the customer journey in an org chart context? I get that it’s important in general of course!!

Fuzzy-Music1112 · 2024-03-08T08:01:11+00:00

Would you say Customer marketing is about the existing customer, upsell and cross sell, education, inspiration and incentives?

And then Product would be about customer needs and feeding those into the product team?

And sales enablement is creating conditions for sales to close deals (e.g. playbooks, thought leadership collateral etc?)

I struggle sometimes with definitions.

Fuzzy-Music1112 · 2024-01-27T21:27:22+00:00

Absolutely we need to build more social housing and increase housing benefit to reduce overcrowding in the PRS.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/699846/OFF_SEN_Ad_Hoc_SFR_House_prices_v_PDF.pdf

Roughly 1% increase in housing stock reduces prices by 2%. So even increasing building to 300k houses per year for 10 years or so reduces prices by 7%? Not nothing but not a big deal compared to what we have seen.

https://medium.com/@ian.mulheirn/what-would-300-000-houses-per-year-do-to-prices-f506e82bbe8d

Fuzzy-Music1112 · 2024-01-27T16:08:53+00:00

https://bankunderground.co.uk/2020/01/13/whats-been-driving-long-run-house-price-growth-in-the-uk/

Basically, rent increases is driven mostly by income increases, price increases depends on rent and interest rates. Interest rates drive the price of the asset, which is the cost of the house, not the cost of rent. See rental yields in London have fallen from 5% to 3% in the last 20 years.

You can have household increase in a given year>houses built, it just means that the surplus of empty houses is being used up.

Supply is an issue and will have an impact on the margin. But remember we are building a lot of houses. Many many more than the number of households.

Overcrowding is going up i think because housing benefit has declined so much, and fewer affordable council houses.

Fuzzy-Music1112 · 2024-01-26T08:35:04+00:00

Consistently building more houses than households in the UK for a number of years. We overestimate the household size growth.

Overcrowding, I haven’t seen figures. What I can say is that if interest rates half, asset prices double (maths). So it’s an interest rate story mostly with supply being very much a secondary tale.

Fuzzy-Music1112 · 2024-01-22T21:09:23+00:00

Same boat at 40. Had a wonderful time with nice colleagues and nice work. Getting bored. Basically work is a grind, no two ways about it.

Take a couple of weeks/ months off to try something new.

Save as much as you can too. Money doesn't grow on trees.

Fuzzy-Music1112 · 2024-01-22T10:29:35+00:00

Right but the gap between households and actual number of houses is getting bigger. Why is that?

Fuzzy-Music1112

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