dckozak

For the union and mgt lurkers, I pose this question. What is the assumption this LOA is based on regarding disposition of our US homes during our two year "enhanced" FDA tour?? The reason I ask is that BC and JL have both mentioned that the housing supplement is expected to be only part of the cost of housing, that we would be expected to pay a portion of the rent. Fair enough, what do the author's of the LOA assume we will do with our stateside homes, rent them, sell them ?? Section 6 deals with this regarding home sales (but with no benefit except the tax equalization). Most of us are tied to home mortgages and can't (or won't) sell our homes for a two year tour. If you leave your home vacant, you will pay both a mortgage at home and rent above the $2700 offered by the company. For me personally it would be $2300 plus what ever is necessary to obtain suitable housing.

koz2000

Another question concerning housing. Let's say you decide to move lock stock and barrel to HGK on the A300. You decide to take the lower money option ($1300) and buy a house/condo in the FDA.
What happens when the MD11/10 is then made the airplane at HGK and the A300 is moved to CDG? Will the company allow a "FDA excess" bid or are you just expected to suck it up and take a loss on the property so you can move to CDG? Will the company aid is selling your house in domicile? Commuting isn't possible due to the 100nm radius. It's unlike the company closing EWR, or OAK as a domicile since you can still live there.

AerisArmis

[quote=dckozak;207173]For the union and mgt lurkers, I pose this question. What is the assumption this LOA is based on regarding disposition of our US homes during our two year "enhanced" FDA tour?? ]

I'm guessing they think it's up to you. Maybe they figure that you, a college graduate, would figure that out before you bid it.

DiamondZ

According to DW last night, the thought process was that you'd rent your house out for the 2 yrs, use that mortgage money, $2000, plus the $2700 to help pay for housing and living during the 2 yr adventure.

The $2000 figure was an average that was used knowing some pay more and some pay less. So the renters are still putting equity into your US home and you have the ability to live and experience a foreign culture for 2 yrs or so.

Not my words but could see how it makes sense...

dckozak

Maybe I should have used a hint of sarcasm for what I thought was a reasonable question.

machz990

I can't speak for anyone else but renting my home is not an option.

Anyone who can afford to rent a new $600,000 home can afford to buy one hence there is little to no market for a rental at that price point. In my market if you sell and leave the market for 2 years the same home will have increased in price by a minimum of $60,000 and that is very conservative for my area. In fact that is based on the lowest appreciation of 5% and my area has been averaging 6-10% for the past 15 years. No housing bubble here in the midwest.

I decided to go to the horse's mouth for my next bit of research. I called Allied Van Lines and Bekins for estimates to pack, move and store my household goods. The first quote from Allied was based on 16,000 pounds of goods. The second quote from Bekins was based on 12,000 pounds of household goods. This is typical for a 3-4 bedroom fully furnished home according to the poeple I spoke to on the phone. Obviously special situations can apply such as pianos, art, etc.

I called Allied first and here is the estimate based on 16,000 llbs. Unfortunately I didn't get a quote from them to insure the goods while in storage but you will get an idea of those costs from the other quote.

Pack Household Goods - $1800 up to $3000 depending on items to be packed.
Move to local Warehouse - $2000
Storage per month in heated but not cooled warehouse - $480
Insurance - ??

Next call was to Bekins where my education on this process was broadened. This was based on a 12,000 llb move:

Pack Household Goods - $2000 to $3600 depending on items to be packed.
Move to local Warehouse - $1680
One time Warehouse handling/setup fee - $420
Storage per month in heated but not cooled warehouse - $420
Insurance while household goods are being transported - $126
If no other insurance is purchased and warehouse burns down you will be reimbursed for $7200. Additional insurance to bring you up to $18,000 of coverage is $36 per month.

When you get back to the US you reverse the process + whatever rate increases after 2 years and + any additional distance you move your goods out of the local area. Remember these quotes are for a local move and storage.

Total for 2 years at Allied without additional insurance and making the following assumptions: 16,000 llbs, using only $2000 for packing charge so near low end, and you will forgo the unpacking charges and unpack yourself when you get back - $17,520 plus any applicable taxes and insurance.

Total for 2 years at Bekins without additional insurance and again using the low number for packing and you will unpack yourself at the end - $15,860 plus any applicable taxes and insurance.

AerisArmis

Yes, I was being sarcastic. Why would it be any business of the union or the company if you rent, sell or leave the thing vacant? There will be people who don't feel they can bid an FDA because of their home, their pets, their car, Mindy's swim team, Johnny's budding dirt bike career, their mother-in-law who lives with them, and on and on ad naseum. "I wonder what the people who negotiated the LOA think I should do with my two dogs, gold fish , "Bucky" my parakeet and Johnny's 10 foot Burmese python? " Gimme a break.

fdxmd11fo

Your animals are taken care of in the current CBA not on the LOA, another giveback

AerisArmis

Even "Bucky"? Wow!

Popeye

Before we go Postal on one another, these are all fair questions to ask. What these questions indicate is that this LOA fails to meet the average pilot's need on almost every account. This LOA needs to be soundly rejected and the MEC NC asked to go back to the company and "reasonably" negotiate for fair compensation for making this FDA work.

There was much DIS-information at last nights hub meeting. DW shut down some late vocal opposition by reffering us to Section 24 B.2 concerning Temporary Vacancies. One of us suggested that the current CBA would not allow us to be Involuntarily displaced to an FDA and DW responded that we could. I looked at the CBA 24 B.2 and I don't see how they can. It specifically says they can ONLY to NON-FDA domiciles.

I propose the MEC go back to the table with a fair and rational mindset and this time, go with the intent on representing us. Vote NO.