Ever wonder why — according to Hennepin County tax records — so many properties were built in 1900? No, that wasn’t the peak of a construction boom. The answer: county records don’t go back any further. So, any property built before then is simply coded as “1900.” In practice, it’s possible to guess the structure’s...Read More
I Don’t Think It’s Got Anything to Do With “Learning” What is the most dismaying thing about “Some Bankers Never Learn,” Gretchen Morgenson’s article documenting mortgage bankers’ efforts to sabotage legislation (Dodd-Frank) aimed at cleaning up lending standards? It’s not the bankers disingenuously arguing that tighter standards will unfairly limit home ownership. It’s not the...Read More
