Attributes of Tear-Down Neighborhoods I’ve posted previously about the somewhat counter-intuitive attributes of tear-down houses (“Tear-Down Economics,” “Contender . . . or Pretender?”), so I’m not going to revisit the analysis here. However, tear-down neighborhoods — areas with lots of tear-down activity — also have their own attributes. Here’s what they seem to have in...Read More
“You Know it When You See It” “Curb appeal” is one of those real estate terms that you really can’t define, but “you know it when you see it,” as they say. (That unscientific formulation also happens to be the Supreme Court’s definition of pornography — really!). At any rate . . . this brick,...Read More
Pundits Weigh in on Geithner Plan Thanks to the FDIC’s loan guarantee, there is a big upside if the assets do well. That upside is there to lure the rich guys in. That is why the big funds were happy; that is why the stock market went up. For the high rollers, this casino could...Read More