Faces of the unemployed: My jobless landlord is moving, and so am I
Filed under: Real Estate, Career, Recession
Joel Rubinstein, who lost his full-time job more than a year ago, recently found the 11.5% unemployment rate in California coming around in an odd circle to his front door.
His roommate in a condo he shared in Richmond, Calif., was selling the condo and moving because he had recently lost his job.
So with an unemployed roommate and no place to live, Rubinstein quickly came across a friend who had converted his garage in nearby Pinole into a room that Rubinstein could rent.
Housing crisis solved, Rubinstein is back to searching for a job as an account manager in the insurance industry. For six years he worked for the same company, helping businesses find insurance. He was laid off in October 2007 and while still collecting unemployment benefits, he's had various part-time jobs to help extend the benefits.
Here's a video interview with Rubinstein on how his job search is going:
Without a mortgage and family, cutting expenses is a little easier for the single man. Along with cutting his housing expenses, Rubinstein is saving money by not taking his girlfriend out to eat as often, and not playing as much poker as he used to at a nearby casino.
His roommate in a condo he shared in Richmond, Calif., was selling the condo and moving because he had recently lost his job.
So with an unemployed roommate and no place to live, Rubinstein quickly came across a friend who had converted his garage in nearby Pinole into a room that Rubinstein could rent.
Housing crisis solved, Rubinstein is back to searching for a job as an account manager in the insurance industry. For six years he worked for the same company, helping businesses find insurance. He was laid off in October 2007 and while still collecting unemployment benefits, he's had various part-time jobs to help extend the benefits.
Here's a video interview with Rubinstein on how his job search is going:
Without a mortgage and family, cutting expenses is a little easier for the single man. Along with cutting his housing expenses, Rubinstein is saving money by not taking his girlfriend out to eat as often, and not playing as much poker as he used to at a nearby casino.




Reader Comments (Page 1 of 1)
6-22-2009 @ 7:32PM
Carl said...
The rules have changed. If you're looking for a great job, with a great company, with great benefits, that you will have your entire life, until you retire, stop looking. That was then this is now. That job doesn't exist anymore for 99% of us. Unless you have unique and remarkable skills you better figure out what will work best for you and your family. I am a former executive who left the corporate world to help people adjust to the new realities. My suggestion to most is to do what millions of people are doing now, find a good home business. That won't work for everyone but if you find one that you can get into for virtually no investment and learn the right skills, you should do well.
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So many of my clients tell me that they are loving working for themselves, making more money than before, in less time, and enjoy the extra time they have to spend with their families
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