Linking ≠ endorsement. Enjoy and share:
- NYC Home Flipping | New York Home Flips
… experts say that today's flipping isn't the same as the rampant, and often reckless, turnovers that characterized the pre-recession housing boom. Today tight-fisted lending makes it difficult to buy on speculation, and many home flippers are paying all-cash for their investments.
- Over-55 developments can squeeze families looking for housing – Worcester Telegram & Gazette – telegram.com
This spring, developer Jim Williamson came up with a surefire way to calm some residents' concerns about a proposed 174-unit housing complex in Walpole — discourage families with children from moving in.
Williamson told town officials that his project would include only one- and two-bedroom homes, not the three-bedroom units that are more suited for families with school-age children. His reason was simple: additional children can strain the resources of schools and increase operational costs, something town officials had made clear they were concerned about.
"We are trying to do the right thing for the town," said Williamson, a spokesman for the Framingham-based company Barberry Homes. "One way to minimize impacts is try not to have too many school-age children."
Several university studies — including one by Tufts University and another by the University of Massachusetts Boston's Donahue Institute, a university think tank — have disputed the assumption that family-friendly housing drives up school costs.
Francese said the long-term bias against families instead is slowly hurting communities that are shutting out a young workforce, forcing families to seek states more hospitable to them. …
Senior housing has its place, but it appears some areas of the country may be overdoing it, way overdoing it.
- Smog closes schools, highways in NE China – Xinhua | English.news.cn
HARBIN, Oct. 21 (Xinhua) — A heavy smog shrouded northeast China's Harbin city on Monday for the second straight day, forcing the closure of schools and highways.
The density of PM 2.5 — airborne particles measuring less than 2.5 microns in diameter, exceeded 500 micrograms per cubic meter on Monday morning, leading a visibility of less than 50 meters, in downtown Harbin, the capital of Heilongjiang Province.
Would you want to buy real estate there before China cleans up its air-pollution problem?
The negative health effects must be horrendous. It makes us want to cough just thinking about it.
- Asia's commercial property deals set for record year
The audio is a bit poor.
"The markets are a little more disciplined than they were in 2007," Crow [Stuart Crow, head of Asia-Pacific capital markets, Jones Lang LaSalle] told CNBC. "There is a lot more equity in the system now than there was back in 2007, when leverage was being used a lot more. The market generally is more insulated."
"The majority is looking for yield-based investments, rather than speculative ones," he said.
Source … http://www.cnbc.com/id/101127301
- Fed could up QE to $1 trillion a month: Marc Faber
"We are the bubble," says Marc Faber.
If unemployment doesn't drop, wages don't improve, interest rates don't remain low, and inflation stays stubbornly low, then he certainly has a point.
Source … http://www.cnbc.com/id/101127962
If you are an investor in 1-4 unit properties in Arizona, California, Nevada, Oregon, Utah, or Washington, please do the financially responsible thing and make sure you have proper Landlord Insurance with PropertyPak™. We love focusing on real estate and the economy in general, but we are also here to serve your insurance needs.
Hill & Usher (PropertyPak™ is a division) has many insurance offerings. See our menu above for more info and links.
Did this post help you? Let us know by leaving your comment below.
Note: This blog does not provide legal, financial, or accounting advice. Seek professional counsel.
Furthermore, we, as insurance producers, are prohibited by law from disparaging the insurance industry, carriers, other producers, etc. With that in mind, we provide links without staking out positions that violate the law. We provide them solely from a public-policy standpoint wherein we encourage our industry to be sure our profits, etc., are fair and balanced.
We do not necessarily fact checked the contents of every linked article or page, etc.
If we were to conclude any part or parts of our industry are in violation of fundamental fairness and the legal standards of a state or states, we'd address the issue through proper, legal channels. We trust you understand.
The laws that tie our tongues, so to speak, are designed to keep the public from losing confidence in the industry and the regulatory system overseeing it. Insurance commissioners around the country work very hard to analyze rates and to not allow the industry to be damaged by bad rate-settings and changes in coverages. The proper way for people in the industry to deal with such matters is by adhering to the laws, rules, and regulations of the applicable states and within industry associations where such matters may be discussed in private without giving the industry unnecessary black eyes. Ethics is very high on the list in the insurance industry, and we don't want to lose the people's trust. That said, the industry is not perfect; but what industry is?
For our part, we believe in strong regulations and strong regulators.
We welcome your comments and ask you to keep in mind that we cannot and will not reply in any way or ways where any insurance commissioner could rightly say we've violated the law of the given state.
We are allowed to share rating-bureau data/reports and industry-consultant opinions but make clear here that those opinions are theirs and do not necessarily reflect our position.