I received the following in an email from a reader: About the condo—comment article… the real issue is not the really cheap/ugly/tasteless and likely unlivable condos (apartments). Nor is it the equally horrible “townhouses.” It is about greed and lack of public (government) oversight and control. The developers wanted the money, the government wanted the…
Month: September 2008
RE Bust Leads to 16% Capital Fund Deficit in Tacoma
The Tacoma News Tribune reports on a $7.2 million shortfall in the city budget, thanks to a 36% drop in expected real estate taxes: The City of Tacoma may have to delay or slow construction on some projects in order to patch a projected $7.2 million shortfall from real estate taxes this budget cycle. The…
Taking Advantage of a Buyer’s Market
So now that Puget Sound counties have been in a “buyer’s market” for around a year, there are probably some good deals to be found out there. But how do you find them? To be clear, my personal opinion is that we’re still in for another year or two of declining prices. However, I’m sure…
Labor Day Open Thread
Happy Labor Day. For whatever few people happen to be hanging around here today, here’s an open thread to talk about whatever you feel like (within the bounds of the comment policy).