Jobs in America = Occupancy at Signature Community
"I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them." Thomas Jefferson
Politicians continue to bicker about controlling the deficit to improve the US economy, but what it really comes down to is getting people back to work. I look at it the same way I look at vacant apartments in our portfolio. When I see a vacant apartment I see money being thrown into the East River (which is the river I see from my window, but you can pick any river in any city). Every team member at Signature knows that every single day of the leasing season is focused on making sure that our vacancy rate is zero. With the help of our incredible Signature team members we are almost at zero vacancies, so the East River will have no contributions from us this year.
Unfortunately I can't say the same for the US economy. There are more than 8 million job vacancies throughout the country with another 8 million or so people underemployed, many of whom are in our apartments and not paying their rent. Rather than focusing on cutting taxes, raising taxes and suing banks like our government is doing now, let's focus on getting those 16 million Americans into decent paying jobs so they can start paying taxes. If we can get $10,000 in income taxes from each of these 16 million people, the US would have $160 billion added to its budget. I am watching the US dump $160 billion into the East River every year, which then flows out to the Atlantic Ocean and overseas to other countries. Washington should focus on providing incentives to companies so they can open up jobs again, such as access to capital, better tax structure, job training for future employees and less regulation.
Unfortunately I can't say the same for the US economy. There are more than 8 million job vacancies throughout the country with another 8 million or so people underemployed, many of whom are in our apartments and not paying their rent. Rather than focusing on cutting taxes, raising taxes and suing banks like our government is doing now, let's focus on getting those 16 million Americans into decent paying jobs so they can start paying taxes. If we can get $10,000 in income taxes from each of these 16 million people, the US would have $160 billion added to its budget. I am watching the US dump $160 billion into the East River every year, which then flows out to the Atlantic Ocean and overseas to other countries. Washington should focus on providing incentives to companies so they can open up jobs again, such as access to capital, better tax structure, job training for future employees and less regulation.
At Signature we are looking at creative ways of filling vacancies. A resident come in the other day that had poor credit and job income. We were going to turn them down, but then decided to try something new. We let them put up a larger deposit and pay it down by working for Signature for the first two weeks of the lease. This filled a vacancy for us and gave someone a chance to make Signature Community their new home.
Thanks to every team member at Signature Community for making it happen Good luck to our politicians in Washington in figuring out how to make the US happen once again.
Thanks to every team member at Signature Community for making it happen Good luck to our politicians in Washington in figuring out how to make the US happen once again.
--
Nickolas Jekogian
CEO
Signature Community
917-763-3500
www.ASignatureCommunity.com
Blog -http://www.nwjceommm.blogspot.com/
"Si3" Signature: Ideas, Innovation, Implementation!
Send ideas to: ideas@asignaturecommunity.com
No comments:
Post a Comment