Month: March 2005

From the NYT: Within six months last year, Carlos and Betti Lidsky bought and sold two condominiums. Then they bought and sold two houses. They say they will clear a half-million dollars in profit, and none of the homes have even been built.

Economists point out that the speed and size of inevitable rise in interest rates “will determine whether the speculative fever in the market just goes flat or whether it caves.”

Whoo! Here comes the poppin’!

The ever-perceptive John Fleck of Inkstain.net sends me an article on the latest sort of marriage: real estate marriage. Instead of starting a tiny condominium corporation, more and more people are just banding together in groups of two to six to buy places as tenants-and-owners-in-common. IMHO, you’d do better with a formal co-op or condo association. But hey, whatever works for them.

Obviously I am incredibly jealous.

Bookdwarf took a lot of pictures on vacation, all of them very pretty, but I think that my favorite is still the sign advertising a Superbowl party.