Housing Market Bellwether
One dumpster on a block is meaningless.
Two, and I start to pay attention.
However, three or more dumpsters on a block — especially big ones — can only mean one thing: the housing stock in the neighborhood is getting a big upgrade, either from exiting homeowners or — more likely — incoming ones doing major renovations.
And that’s always a good bellwether for housing trends and long-term appreciation generally.
See also, “Hot Neighborhood Harbinger: The New Restaurant Test“; “You Know a Restaurant is Hot When . . .”; “Seeing “Brooklyn’s’ Everywhere”; and “How to Recognize a (Too) Trendy Neighborhood.”
