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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Don Hurst who wrote (279341)9/28/2010 12:35:53 PM
From: Travis_BickleRespond to of 306849
 
Re Amendment 4, St. Pete Beach passed a similar provision at the city level and it hasn't worked out too good:

southflorida.bizjournals.com^3917851

Should be good for lawyers though.



To: Don Hurst who wrote (279341)9/29/2010 1:12:06 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
'Either way, the referendum is bringing into sharp relief the conflict surrounding real estate nationwide: while new homes, growth and the American dream are forever intertwined, many people are questioning why development often overwhelms other public priorities, even after it led to an economic crisis.'

New construction is the bread and butter for too many people in both the private and public sectors here. Any mandates even if passed probably fail to get their desired goals as it won't ever go away until our economy becomes much more diverse and we just have zero growth like the rust belt. All very unlikely in my lifetime. As bad as it is here I bet many in stale old markets like parts of PA and upstate NY wish they were able to update their housing stock, communities and commercial corridors with something more modern



To: Don Hurst who wrote (279341)9/29/2010 9:59:41 AM
From: joseffyRead Replies (2) | Respond to of 306849
 
“The people around here didn’t want it — they objected. But the City Commission did it anyway.”

The developers have the money.

This happens everywhere.

The local "Council" holds sham hearings--then gives the developers whatever they want.