Dave0
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Wow, the September numbers are out and Seattle's index is 172.84, which is a lot lower than the 176.76 that this model was predicting. I wasn't expecting anything that low for another 4 months. I'll be curious to see what next month's value is, to s…
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I hate it when the media tries to explain the markets movements with a headline based on the biggest news story of the day, such as going "markets rally on new fed rate cut!" cause that's rarely ever the case. There are so many variables involved …
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I saw this yesterday too, and based on the cars parked outside my house, I could tell the photo was taken between June & September this year (I have roommates moving in and out all the time). I did notice that car license plates were blurred out…
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I'm probably going to regret opening this can of worms, but oh well... Jon, what's wrong with a little bit of wealth distribution? Don't you think society would be better off with lower income inequality? Isn't it up to government to make that ha…
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I agree that we're in uncharted waters, so I'm skeptical to trust any one model. That's all the more reason why I was a bit surprised when this model appeared to be accurate up to this point. Obviously we'll get a better idea as more data comes out …
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Markor wrote: Cap total pay at $20 million or so annually... While I agree with capping salaries, I don't think putting a fixed dollar amount is the solution. Then you will always need to be adjusting it to inflation. I think the better sol…
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Civil Servant wrote: Dave0, I think you're right about the context in which the use of "working class" arose. The use I am endorsing reflects a recalibration of financial and socioeconomic realities and increasing class stratification. I mean, a…
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WestSideBilly wrote: Dave0 wrote: Lower Class = bottom 20% of income distribution Lower MIddle Class = next 20% of income distribution above Lower Class Middle Class = next 20% of income distribution above Lower Middle Class Upper Middle Cl…
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Civil Servant wrote: I like "working" class instead of "middle" class. More descriptive! For the same reason I liked David Losh's use of "worker housing units" in a comment thread the other day. Interesting, I've always thought of "workin…
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Alan wrote: Assets are a consequence of income. Actually, income is a consquence of assets. Someone with $2M in assets should be able to earn $100k-300k on those assets without "working". Assets can be inheirited or 'found' (as in a l…
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Ubersalad wrote: This is where we disagree. Where are you getting your information from? Perhaps I don't understand the definition of class. I may be wrong, I'm just going off what I remember (or chose to remember possibly) from my econ cla…
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Ubersalad wrote: IMO, class is representation of income and asset, with more weight on the asset. 100k income with 2 million asset (solid executive) comparing to 300k income with no asset (RE agent/Mortgage Broker). Who do you think is better r…
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Lower Class = bottom 20% of income distribution Lower MIddle Class = next 20% of income distribution above Lower Class Middle Class = next 20% of income distribution above Lower Middle Class Upper Middle Class = next 20% of income distribution ab…
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This thread is REALLY making me yearn for a nice long ride around the bottom of the lake after work! I was feeling the same way, but was leaning more towards a one-man criterium around the downtown seattle core... fly down 2nd ave, turn left …
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It's hard to believe people like leaveseattle are still out there. Saying cyclists should stick to roads that can accommodate them is as ridiculous as saying cars should be restricted to certain roads. Roads are there for everyone to get where they …
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My grandparents in whatcom county had a pool when I was growing up and it was nice. They also had a ton of extra land and built a building around the pool so it was indoors. I'd say an outdoor pool on a normal sized city lot is a negative, but if yo…
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I don't think this data is all that crazy. Keep in mind that all those "share" percentages are out of subprime/alt-a owner occupied loans only. So the data Alan posted is saying 4.8% of subprime owner occupied loans are in foreclosure, 71% of subpri…
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http://www.youtube.com/watch?v=4XhvG_fD0HA same lecture, but on youtube
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Don't mind the peanut gallery Greg, they're just looking for a laugh even if it's at others expenses. Just brush it off. But it is kinda funny that there is another Greg Perry in Western Washington though. That other guy looks like a douche bag thou…
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Other than prosper.com, I have my money in stocks split equally in the following setup (in rough order from highest risk to lowest risk): 1. High risk, high return, small-cap growth stocks 2. Mid-cap stocks with strong fundamentals (low P/E, low…
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Tim, A good aggressive investment for money you can live without is peer-to-peer lending at http://www.prosper.com. I've got close to $5,000 in there right now making 22%, although I expect it to go down to 15% or so after defaults happen. Many peo…
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Has she looked at this place? http://seattle.craigslist.org/see/apa/412213933.html
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biliruben wrote: Use the San Diego data to test your prediction model. I think the 12 month lag works, but the slope of the line will be different for SD vs. Seattle - so I need the inventory data for that market. If you know where to find …