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katsung47
Seattle home price and Boeing
Wed Jul 4, 2018 10:45
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1027. Seattle home price and Boeing (7/1/2018)

Several months ago, news said the house price raising rapidly in Seattle area that created homeless problem. Since I know real estate business is a bank where the Feds draw money from, so something would happen there.

Then came the trade negotiation with China and those Airbus accidents. Boeing's factory is in Seattle. If Trump wins a big deal for Boeing, the real estates business will be prosperous too. And it seems the planners foresaw the scene. They have gone into that market already.

[quote] San Jose is the nation’s hottest housing market in 2018, Zillow says

The San Jose area’s median home value right now is $1,128,300, making it the nation’s most expensive market, according to Zillow. The median home value in the San Francisco metropolitan area — San Francisco, Marin, San Mateo, Alameda and Contra Costa counties — is $893,100, the second highest in the U.S. The Seattle metro area is third most costly, with a median home value of $463,800.

https://www.mercurynews.com/2018/01/10/san-jose-is-the-nations-hottest-housing-market-in-2018-zillow-says/ [/quote]

I live in San Jose, my sisters live in San Francisco. The Feds makes it to bubbles no.1 and No.2. The 3rd one is now Seattle.


https://i2.wp.com/www.mercurynews.com/wp-content/uploads/2018/01/sjm-l-zillow-0111-90.jpg?w=620&crop=0%2C0px%2C100%2C9999px&ssl=1


reference

1024. Accident to boost Boeing (6/10/2018)

Trump imposes tariffs of 25% for steel and 10% for aluminium On imports from allies. That's obviously a part of his plan to boost US automobile and air plane industry.
It needs a lot of steel to manufacture a car and a lot of aluminium for a plane.

The next step he will do is to impose high tariff on imported car to push up domestic auto industry. What about the air plane?

I noticed the following air incidents.

On 4/17,
[quote] Southwest Airlines emergency landing: Banking executive killed after being sucked out of window at 32,000ft

The jet's CFM56-7B engines were made by CFM International, jointly owned by General Electric and Safran Aircraft Engines of France.

https://www.telegraph.co.uk/news/2018/04/17/southwest-airlines-plane-makes-emergency-landing-engine-broke/ [/quote]

I think that's a demonstration to other countries how to create an air incident if they want to justify a change in their plane supplier.


On 5/15
[quote] Sichuan Airlines co-pilot nearly sucked out of broken cockpit window, pilot says
May 15, 2018,

All 128 people aboard the Airbus A319 survived the ordeal.

https://www.cbsnews.com/news/sichuan-airlines-3u8633-co-pilot-nearly-sucked-out-of-broken-cockpit-window/ [/quote]

On 5/30
[quote] China plane makes emergency landing after window cracks
AFP May 30, 2018

The aircraft was an Airbus A321, according to plane tracking website FlightAware.

In April, a woman died after being partially sucked out of a Southwest Airlines flight headed to Dallas from New York when a porthole was shattered mid-flight.

https://www.yahoo.com/news/china-plane-makes-emergency-landing-window-cracks-093600102.html [/quote]

These two incidents took place in two weeks at the time when US and China had trade negotiation. Planes are all from Airbus. The incident style are all similar to Southwest airline style.

We know there are only two main airplane manufacturer in the world - Boeing and Airbus. If Trump want to make Boeing great, he has to bite a big chunk from Airbus. I hope there will be no blood air accident in coming trade negotiation with other countries.

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