Originally Posted by
ImperialxRat
Since you said it is a sincere question then I will assume you are serious and want an answer, and the answer is that of course they can. They couldn't do it on first year pay obviously, but that holds true for any airline. While we are paid decent, and you can get a real estate income stream going while employed at Alaska, you could probably build that real estate portfolio twice as fast at any other major airline.
I was sincerely hoping E.J. would have answered that question. The Seattle area has an insane increase in value, even since I bought my home 2.5 years ago. Just looking at market fundamentals anyone working the last two years is making 22% less today than 2 years ago.
It’s no wonder that contract negotiations will be dragged out as long as possible. We are working for a huge discount.
I don’t feel like it’s fair to point at real estate gains in the PNW and suggest a second income from real estate, if you got your start 20 years ago. It’s actually going to be extremely difficult for any pilot hired this year to gain enough traction to even buy a home in any of our bases for the foreseeable future. Assuming they do not have a down payment already available. Not to mention income property.
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