Quick note on the potential impact of a long-term departure of Boeing from the Puget Sound. The Seattle-area economy is definitely more diverse than it was in the ’70s, but Boeing still dominates the employment base by the numbers. A 2003 table from the Greater Seattle Chamber of Commerce shows Boeing employing more people than…
Category: News
News, current events, etc.
Weekly Twitter Digest (Link Roundup) for 2009-10-24
5,000-acre flopped development in Pierce made front-page news in the Tacoma News Tribune today: Chapter 11 for Cascadia http://is.gd/4oCjp # PSBJ: Mastro Properties is in worse financial condition than “many creditors imagined." http://is.gd/4oHFI # New Seattle web-based news outlet The SunBreak takes a look at Seattle's commercial real estate mess: http://is.gd/4oIvA # What the heck?…
Extension to Fraud-Laced $8k Homebuyer Tax Credit to Piggy-Back on Unemployment Bill?
Here’s a pair of somewhat conflicting stories about the push to extend and expand the inefficient, expensive, economically stupid $8,000 first-time homebuyer tax credit. From the real estate news source Inman News: Final push for tax credit Real estate industry trade groups are mounting a final push for an extension of the first-time homebuyer tax…
KUOW Seeking Stories from Commercial Real Estate Investors
I received the following request from a KUOW reporter that I thought was worth forwarding on to the general reading audience: Another of our reporters is working on a story on commercial real estate investment. I recognize that your blog follows residential real estate more closely, but I know many of the people reading it…
Weekly Twitter Digest (Link Roundup) for 2009-10-17
"Americans are still delusional about the long-term trajectory for house prices" http://is.gd/4fMeE # Peter Schiff on the Dori Monson show right now on 97.3FM # "Washington has lost almost 1 out of every 20 jobs since the state's economy began slumping early last year." http://is.gd/4joCS # Seattle P-I takes on the new NWMLS rules that…