Skip to Content

Listen to the Joystiq Podcast (because your ears can't read)

Faces of the unemployed: My jobless landlord is moving, and so am I

More
Text SizeAAA

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.
Subscribe to Walletpop

Reader Comments (Page 1 of 1)

Eloise Returns to the Plaza Hotel
After a $450 million, three-year, lobby to roof renovation and restoration, the Plaza Hotel is ...
Readers' Choice Winners for Best in Food
Votes have been cast for Best Gourmet Grocer/Food Hall, Best Online Gourmet Goods, Best Cheese ...

Mortgage Basics

Jami Bernard
Jami Bernard

Ad Rant: Dockers ads claim "soft" khakis will make men more manly

Evidently, men's testosterone levels have been dropping, and so have sales of khaki pants. Coincidence? Dockers thinks not. Dockers, the clothing manufacturer that once put the "casual" in casual ...
Tom Barlow
Tom Barlow Filed under: Saving Money, Technology

Facebook for dead people: MemoryPool.com

Pity the poor newspaper -- losing not only advertising dollars but also the fat profits they once reaped from selling obituaries to the bereaved. The whole obit business is rapidly going electronic, ...
Diane Wedner
Diane Wedner Filed under: Real Estate

Seniors housing: Let's make a deal!

Note to seniors seeking independent- or assisted-living communities: No time like the present. With occupancy rates down and rent growth slowing, some private-pay (non-government) senior-housing ...
Bob Cesca
Bob Cesca Filed under: Real Estate, Mortgages

A little too late for me, Treasury to help streamline real estate short sales

This year it's with no small sense of embarrassment that I had to unload a commercial property as a "short sale." I hasten to underscore that I'm by no means a big-time real estate investor, despite ...

Featured Partner

What is Your Home Worth?



Headlines from WalletPop Partners

Eloise Returns to the Plaza Hotel
After a $450 million, three-year, lobby to roof renovation and restoration, the Plaza Hotel is ...
Readers' Choice Winners for Best in Food
Votes have been cast for Best Gourmet Grocer/Food Hall, Best Online Gourmet Goods, Best Cheese ...
Learn More»