Afternoon links
Read a lot of news. You never know which side of the aisle it is written from. Instapundit speaks to this issue today and references this WSJ article. The economy is a fickle thing, driven largely by the Fed's policies, etc. but psychology plays and…
C’Ville’s bubble
In response to cvillenews' post this morning titled "C'ville's real estate bubble?" My short answer is "maybe." There are three kinds of lies: lies, damn lies, and statistics. --Benjamin Disraeli Figures don't lie, liars figure. --Mark Twain (attributed to)There has been an awful lot of…
Condos.
The will convert anything to condos nowadays. Here, a building Downtown in Court Square. Location, location, location.
Cooling.
When America's housing boom finally ends, don't expect a loud pop. "It's not going to be a big dramatic event," says William Apgar, senior scholar at Harvard University's Joint Center for Housing Studies.From today's WSJ. I wish I could do a poll like the snapshot…
Goody.
We're Number One (again). Homes are not cheap (median home price $225,000), but the cost of living is manageable. The city's low unemployment rate and significant recent job growth promise continued prosperity. As more and more people learn about this year's best city, Charlottesville may…
The Parkway is coming
From today's Progress - Remember that debate over whether or not the Meadowcreek Parkway needs an interchange to work? ... An at-grade intersection was a much cheaper design that would have allowed construction on the parkway, under discussion for 38 years, to begin sooner. Read…
Building Green
If building green were as immediately equal economically as traditional building, we would probably see more of it from the larger local builders. It is sadly always about money. WINA Thomas Jefferson Planning District's Green Sourcebook TimesDispatch "The premium wasn't that much and I bet…
Local salaries
For those considering relocating to the Central VA area - read the DP's article and WINA. I will get my hands on a copy shortly.
What Housing Bubble?
The reality is this: There is no housing bubble in this country. Our strong housing market is a function of myriad factors with real economic underpinnings: low interest rates, local job growth, the emotional attachment one has for one's home, one's view of one's future…
Target is open
My wife just called and said that the Target is open, presumably for a "soft open" that will enable them to work the kinks out before the planned grand opening. Let the festivities begin.