As for the Professor, he has turned down $150,000 a year as a working Geologist, to teach for $43,000?
As for real estate, prices are projected to decline 15%-20% per year on the west coast, at least through 2009. The word is bubble, and we have been there before. Considering that most own less than 5% of the house, many will just walk away.
Housing is the scandel that followed the Savings and Loan scandel. Stay tuned for reports.
As for the woman in your life, she will hunt you down and there is nothing you can do about it, they are sneeky. A man picks a wife like a cow picks a farmer.
The War Babies are working two jobs and socking it away for retirement. 40,000,000 will retire in the next ten years. They are followed by the baby bust generation, so you will all have four jobs.
It was something the same with the WWII generation, they held the good jobs, and we outnumbered them three to one, we got by. Now 20,000,000 are going to replace 40,000,000. Your lifetime employment prospects are great.
Plod along, get as much education as you can, and watch.
There is no one to buy the houses, the Baby Bust are few in number, and do not have the earnings. Home prices will adjust to the new market. Those with good educations will get great jobs, and their pick of housing, twice the house for half the price. Think about that, do you really want a $2000 a month utility bill? Quality will replace size in the future. A small house in a good neighborhood, is a better choice.
All of the demographics for your future look great. Just suffer through being a college student, living in a cultural wasteland, and you will really enjoy your future. Some woman will see you enjoying life, and you know they cannot stand that. She has the Hunting License, you will be bagged.
Till then, WP is offers you the world.