Weekend Open Thread (2012-05-25)

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Here is your open thread for the weekend beginning Friday May 25th, 2012. You may post random links and off-topic discussions here. Also, if you have an idea or a topic you’d like to see covered in an article, please make it known.

Be sure to also check out the forums, and get your word in the user-driven discussions there!

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About 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. Tim also hosts the weekly improv comedy sci-fi podcast Dispatches from the Multiverse.

8 comments:

  1. 1

    By ChrisM @ 42:

    RE: Kary L. Krismer @ 41 – Agreed about WSJ stupidity, but I don’t think you have the full context for this particular complaint:

    http://online.wsj.com/article/SB10001424052702303610504577420050541008824.html

    This is about being able to park funds somewhere (that would otherwise be allocated to Euros) in Europe that is assumed to be safe..

    I realize that. That post was sort of a follow up to a prior post I did last week where the WSJ missed several major reasons US bond rates were low.

    https://seattlebubble.com/blog/2012/05/16/mid-week-open-thread-2012-05-16/comment-page-1/#comment-166557

    Very similar situation.

    But unfortunately you’ve now given Pegasus leads to two of the three acceptable answers to that prior situation! :-(

  2. 2

    The Reason Boeing is Moving Out of the Seattle Area

    And closing down Kent Space Center this year. There was never enough room on our clogged freeways for both Microsoft and Boeing.

    “…These cities had the worst traffic in 2011, according to Inrix, which lists the average hours wasted per driver after each city:

    10) Chicago – 32.8 hours
    9) Boston – 35 hours
    8) Austin – 30 hours
    7) Seattle – 33 hours
    6) Washington, D.C. – 45 hours
    5) Bridgeport, CT – 42 hours
    4) New York – 57 hours
    3) San Francisco – 48 hours
    2) Los Angeles – 56 hours
    1) Honolulu – 58 hours…”

    http://autos.yahoo.com/news/the-worst-traffic-in-america–it-s-not-los-angeles.html

  3. 3

    RE: softwarengineer @ 2 – Really they just wanted to move their most highly paid employees to a state with an income tax. Typically bad Boeing decision over the past many years.

    I wonder how many key employees they lost in that move?

  4. 4

    Tim indirectly linked to this in his news feed:

    http://forums.redfin.com/t5/Seattle/1st-time-buyer-w-5-down-losing-every-time-in-Seattle/td-p/327782

    I’m sorry, but if you’re doing a pre-inspection and have lost on multiple offers, it’s not just having only 5% down.

  5. 5
    kfhoz says:

    By softwarengineer @ 2:

    The Reason Boeing is Moving Out of the Seattle Area … And closing down Kent Space Center this year.

    Do you have pointer to information about this? My google news searches are not finding it.

  6. 6
    Macro Investor says:

    By kfhoz @ 5:

    By softwarengineer @ 2:

    The Reason Boeing is Moving Out of the Seattle Area … And closing down Kent Space Center this year.

    Do you have pointer to information about this? My google news searches are not finding it.

    I hadn’t heard that either. But do you really need proof that BA is moving out of Seattle? They moved the headquarters to Chicago. Then the SC factory went up for their signature new product. It’s all about breaking the union. Long term it’s bye bye, and nobody at this point should be in denial.

  7. 7
    Natalia Orinko says:

    OMG people! Does Seattle go to sleep on holiday weekends? Where is everyone? I walked on the beach this morning at Sandy Point near Langley (Whidbey island) and I didn’t see one other person. Almost like the Seattle Bubble. But, maybe that’s a good thing? Ok, I get it.

  8. 8

    By Macro Investor @ 6:

    By kfhoz @ 5:

    By softwarengineer @ 2:

    The Reason Boeing is Moving Out of the Seattle Area … And closing down Kent Space Center this year.

    Do you have pointer to information about this? My google news searches are not finding it.

    I hadn’t heard that either. But do you really need proof that BA is moving out of Seattle? They moved the headquarters to Chicago. Then the SC factory went up for their signature new product. It’s all about breaking the union. Long term it’s bye bye, and nobody at this point should be in denial.

    Conversely, they’ve committed to continuing to build the 737 here (for what that’s worth). And the 787 plant they built there, despite being a brand new plant, is for some reason only capable of building only about half the number of planes as Everett. I think SC is really more of a threat to the union than action.

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