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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (38082)8/8/2005 10:59:15 AM
From: John Vosilla  Respond to of 110194
 
"In theory, high density is supposed to reduce cost and provide more affordable dwellings. Downtown has proven to be the reverse so far."

That is the really sad part of this housing boom. Politicians and community leaders in many cities sold out to the sole pursuit of pumping up the tax base as quickly as possible.