Thread regarding JPMorgan Chase & Co. layoffs

A close friend of ours got laid off this week. She's a single mother who has supported her kids for ten years on a fifth-tier Wall Street paycheck, despite the worst efforts of her deadbeat ex. If she doesn't find a comparable job within 6-12 months, her condo may add to the growing inventory that some megabears have been salivating over. She worked hard for a long time to earn that apartment. Naturally, moving back to the Bronx wouldn't be the end of the world. I just don't feel right celebrating, even if mass layoffs mean prices may someday drop to within our reach.