Barry Ritholtz asserts that the essential political shift that’s occurring is that the conflict between right and left has shifted to become the people vs the corporate interests. He provides several specific examples of how those worlds collide, but left a couple out that are near and dear to my heart. Both fall under the […]
Entries Tagged as 'Overdevelopment'
The “Paradigm Shift” Assertion by Barry Ritholtz: He Leaves One Key Element Out
September 28th, 2010 · No Comments · Overdevelopment
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It’s Not Just the Roads: Eastside Developers (and King County Regulators) Have Now Overwhelmed the Schools Too
September 28th, 2010 · No Comments · Overdevelopment
Another example of how industry has apparently co-opted the regulators who are supposed to enforce the so called “Growth Management” Act of 1991 which was designed to prevent exactly what just happened to the Lake Washington School District. It seems that they’ve piled so many condos and homes into Redmond that the local schools are […]
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Washington State Real Estate Value Down 46%(?) From Peak
February 20th, 2009 · 1 Comment · Overdevelopment
Check out the latest PDF from the Washington State Department of Revenue. It presents the State Economic & Revenue Outlook “Early Guidance” for the March 2009 Official Forecast. Note page 15. Main chart below. Value per transaction currently looks to be around $150,000. At peak (mid 2007) the figure was closer to $290,000. That’s a […]
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WSJ: Restaurants Facing “Rough Times” — Not In Seattle
May 17th, 2008 · 1 Comment · Overdevelopment
The Wall Street Journal reports on how the restaurant industry is in a pronounced slump. Almost all segments are struggling. Some midpriced chains, including Ruby Tuesday Inc., are battling persistent same-store sales declines. Metromedia Restaurant Group, which owns Bennigan’s and Steak and Ale, recently hired a restructuring lawyer after it violated several agreements in its lending deal […]
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