Posted by: Timothy Ellis (The Tim)

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market.

13 responses to “Happy Memorial Day”

  1. Blurtman

    Heldengedenktag (1934–1945)On February 27th, 1934, the National Socialists introduced national holiday legislation to create Heldengedenktag (Day of Commemoration of Heroes), cementing the observance. In the process, they completely changed the character of the holiday: the emphasis shifted to hero worship rather than remembering all the dead. Joseph Goebbels as Propaganda Minister issued guidelines on content and implementation, instructing that flags no longer be flown at half-mast. The last Heldengedenktag was celebrated in 1945.

    Volkstrauertag (German: national day of mourning) is a public holiday in Germany. It is observed two Sundays before the first of Advent, and commemorates those who died in war and the victims of violent oppression. In its modern form, it was first observed in 1952.

    Perhaps the USA needs a holiday more like Volkstrauertag where not only brave service members are mourned, but also the victims of war. This would include the victims killed by US troops, in wars initiated by the US.

    Rate this comment: Thumb up 0

  2. deejayoh

    In the spirit of Time Magazine covers as potentially a contrarian indicator, I think you need to add this one as well:

    http://www.time.com/time/covers/0,16641,20100906,00.html

    Rate this comment: Thumb up 0

  3. Scotsman

    A big thanks to those who serve, or have served. How many know about this?

    http://www.youtube.com/watch?v=9E7GLdYhm3s&feature=player_embedded

    Rate this comment: Thumb up 0

  4. David Losh

    2003 to 2006 was a spike in pricing. The bubble is a longer sustained event. I think we have targeted 1998 as the start of the bubble, but some have it going back to 1987. Changes in banking regulation, and legislation having to do with the financial markets is much more to the point than the exhuberance of the pricing spike.

    Rate this comment: Thumb up 0

  5. Herman

    Suzanne Researched This is the best commercial ever.

    Rate this comment: Thumb up 0

  6. Sweet Pea

    By Herman @ 5:

    Suzanne Researched This is the best commercial ever.

    Ditto! Alternate title: This listing is special, you sad, sad man.

    Rate this comment: Thumb up 0

  7. ricklind

    RE: Scotsman @ 3 -Nice Link!

    Rick

    “Renter by choice,” a term I learned today.

    Rate this comment: Thumb up 0

  8. Ray Pepper

    RE: Scotsman @ 3

    WOW Scotsman..Thanks…I’m down here with dad in Carson City who is 90 on Aug 15. He is a WWII Vet and talks about his time in the Phillipines during the war. He stopped going to his reunions because all his friends are now dead.

    I will certainly watch this with Dad… I knew NOTHING about this!….Again, thank you so much…………..

    Rate this comment: Thumb up 0

  9. Jonness

    By deejayoh @ 2:

    In the spirit of Time Magazine covers as potentially a contrarian indicator, I think you need to add this one as well:

    http://www.time.com/time/covers/0,16641,20100906,00.html

    The CS 20-city composite has went down every month since the article ran and is still dropping. Why is the article contrarian?

    Rate this comment: Thumb up 0

  10. Dirty Renter

    Let’s not forget this gem…

    Rate this comment: Thumb up 0

  11. deejayoh

    By Jonness @ 9:

    By deejayoh @ 2:
    In the spirit of Time Magazine covers as potentially a contrarian indicator, I think you need to add this one as well:

    http://www.time.com/time/covers/0,16641,20100906,00.html

    The CS 20-city composite has went down every month since the article ran and is still dropping. Why is the article contrarian?

    I might ask: Home prices went up 2 years after the first cover. Why is the timing bad on that one?

    Rate this comment: Thumb up 0

  12. Jonness

    By deejayoh @ 12:

    I might ask: Home prices went up 2 years after the first cover. Why is the timing bad on that one?

    Cover 1: Home $weet Home – Most people who bought at the time the article is dated were underwater at the time the tax credit peaked prices and are even further underwater now.

    Cover 2: Rethinking Home Ownership – Most people who sold or failed to buy at the time the article is dated have made/saved a large amount of money from the decision.

    I agree Cover 1 was a total crapshoot into nowhere, but house prices have been steadily falling in most areas ever since Cover 2 was printed. I contend that using Time as an investment timing strategy is about equal to flipping a coin as opposed to being a strictly contrarian indicator. :)

    Rate this comment: Thumb up 0

Leave a Reply

Do you want a nifty avatar picture next to your name, instead of a photograph of Tim's dog? Just sign up with Gravatar, and make sure to use the same email address in the form below. It's that easy!

Please read the rules before posting a comment.

You have 5 comments remaining on this post.

Archives

Find us on Google+