So many crappy old small homes in these communities, but still it’s sad to see a home torn down only to put a monolith in its place.
Love this article!
I’m not really sure what’s happening (aside from the stock markets being on a general upswing) but if the state of our Zillow “zestimate” is any indication of a recovering economy, I’ll take it! In the last two weeks, it has gone up about $20,000, which says to me that the real estate market is on the mend (at least in our city). And if people are spending again on homes, that likely means they have money to spend again elsewhere. Keep rising!
We’ve owned our condo for three years now, to the day. Do you know what that means? We can now sell without having to give back a decent federal tax rebate, which of course helped us to renovate our place and, you know, to live, generally. Our “forced savings” (aka the now fairly sizable equity in our condo), as my husband calls it, can now be freed up without having to pay the rebate back. I know, not a huge deal really, but it’s the little things that I like that make me feel more financially free. And that’s a good thing.
“Managers at major banks ignored widespread errors in the foreclosure process, in some cases instructing employees to adopt make-believe titles and speed documents through the system despite internal objections, according to a wide-ranging review by federal investigators.”
Yep, greed.
Yes, please.
“Capitalism might be the greatest engine of prosperity and progress ever devised, but in recent years, individuals and communities have grown increasingly disgruntled with the implicit contract that governs the rights and responsibilities of business. The global economy and the Internet have heightened our sense of interconnectedness and sharpened our awareness that when a business focuses only on enriching investors, it implies that managers view the interests of customers, employees, communities and the fate of the planet as little more than cost trade-offs in a quarter-by-quarter game.”
Fascinating!
I love this. At least someone is attempting to find cheapish neighborhoods in New York. I also love (hate) how it talks about $1 million as being not much. Of course, it isn’t much in New York. But go anywhere outside of NYC and you can get a 6-bedroom home with 3500 square feet for $1 million. Sigh
Neato.
(via thebrickhouse)
