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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
It is official. David has a fetish for townhouses in DC.
ReplyDeleteWho'd live in this POS? What an embarrassment.
ReplyDelete"It is official. David has a fetish for townhouses in DC"
ReplyDeleteLOL!
History lesson:
ReplyDelete"Japan sees first land price rise in 14 years"
http://www.ft.com/cms/s/c5405538-2146-11db-b650-0000779e2340.html
This will be easy pickings for the local population, the losers who move in their will be sitting ducks from every opportunistic criminal in SE.
ReplyDeleteA good idea for a photo essay is the transition of NH Ave. as it exits DC and enters Maryland.
ReplyDeleteThis picture is from NE, albeit right at the border. Criminals are not limited to just SE.
ReplyDelete"This picture is from NE, albeit right at the border. Criminals are not limited to just SE."
ReplyDeleteYour bias is showing again.
The Capitol Gateway Complex has been going on for quite a while. I suppose no one has really talked about it on this blog because it's not one of those "trendy everyone wants to live there areas". However, this project torn down public housing and replaced it with these affordable homes. Some of the previous public housing residents were able to get "first dibs" at this housing. I've driven by the location many times. Could someone please tell me why these places would be classified as POS? (Not a sarcastic question) As far as the price is concerned these properties seem to be one of the few truly affordable for working middle class people in the District. Whereas other places are offering a studio apartment for the same price.
ReplyDeleteThe same thing is about to happen to DC's most notorious housing project: Sursum Corda.
ReplyDeleteThe legislation clearing the way to tear it down passed last week. The money has been in place for demolition and construction for some time now. That legislation was the last hurdle.
The difference there is that Sursum Corda's replacement will be a large mixed-use community of office, retail, and market-rate & "affordable" homes. Also, the new neighborhood is already in the midst of everything; walking distance to Union Station and the US Capitol, walking distance to the red line metro, the Verizon Center, etc.
(The new development is called "Northwest One")
Look for David to post photos of NW1 here with the intention of implying and insinuating that it is a bad thing and a sure sign of disaster for our nation's capital.
Here is a news story about prisons:
ReplyDeleteNEWS- Loudoun's lesson: Albemarle's coming nightmare?
Published February 23, 2006 in issue 0508 of the HooK.
By CORAL DAVENPORT, Christian Science Monitor news@csmonitor.com
A decade ago, Loudoun County, tucked 25 miles from Washington, D.C. at the West Virginia border, was best known for its pastoral horse country and gracious farms.
Today it's the poster child for development run amok.
Just ask Juan Bocher, whose formerly 30-minute commute to his job just outside Washington now takes nearly an hour and a half. "It's gone from bad to worse, and there's no end in sight," he says.
http://www.readthehook.com/stories/2006/02/23/newsloudoun.html
"Look for David to post photos of NW1 here with the intention of implying and insinuating that it is a bad thing and a sure sign of disaster for our nation's capital.
ReplyDeleteWhy would you think that I against NW1?
"Northwest One Redevelopment Plan
ReplyDeleteThe Office of Planning’s Northwest One Redevelopment Plan is now available for review and comment. This plan creates a vibrant, mixed income community in the heart of Washington, DC. Not only will it protect 520 units of deeply subsidized housing, it creates almost 600 new affordable units and 600 market rate units. In addition, the plan calls for a new 600 student kindergarten to eighth grade public school, a new 20,000 square foot recreation center, new playing fields and parks, a new 10,000 square foot health clinic and new neighborhood library. The plan also includes a Human Capital Plan that provides the tools to move families toward self sufficiency, as their neighborhood changes.
The redevelopment plan is currently in draft form. Select from the following links to view a draft of the Northwest One Redevelopment Plan. All comments may be directed to Michael Downie via email at michael.downie@dc.gov or (202) 442-7616."
www.dc.gov
Again: Walking distance to Union Station.
W. McGee,
ReplyDeleteYour long comments with false accusations against me has been deleted.
I have blog rules. Please follow.
ReplyDelete