WorcesterMulti in the News
Monday, October 31
Back in the news. Please see this article by Sam Turken of WGBH. There is a link to an audio file as well. https://drive.google.com/file/... I may have mentioned in a prior Blog that there are times after seeing Multis that I cry for Worcester. This article makes you want to cry. People who have...
The Mexican Standoff in Real Estate
Monday, October 24
Though I am not sure if I can use the term "Mexican Standoff" But there is a definition available: A Mexican standoff is a confrontation in which no strategy exists that allows any party to achieve victory. Any party initiating aggression might trigger its own demise. At the same time, the parti...
How the Dual tax rate has shaped Worcester- ARE YOU HAPPY NOW?
Thursday, October 20
One of the things that bothers me most about Worcester is the slow march to elitism of the City.What do I mean here?The City Council always talks about how they want to save neighborhoods and make this a great livable city.For this reason many councilors continue to support the lowest residential...
32% of Workers are running out of Money between Paychecks!
Thursday, October 20
Just saw this statistic. 32% of Workers are running out of money between paychecks. This includes workers making over $100k This seems crazy, but the recession is coming. The FED and Congress flooded the economy with "Helicopter Money" and this temporarily made people comfortable. Now those sam...
32% of Workers are running out of Money between Paychecks!
Thursday, October 20
Just saw this statistic. 32% of Workers are running out of money between paychecks. This includes workers making over $100k This seems crazy, but the recession is coming. The FED and Congress flooded the economy with "Helicopter Money" and this temporarily made people comfortable. Now those sam...
I'm a bad guy when I buy less house than I can afford. Who knew.
Monday, October 17
In my last blog I spoke about "Down Renting" and how it has the unintended consequence (takes away) of raising rents. The same is true in home purchases. Typically they say you can purchase a house worth 2.5-3 X your annual income When you make $200k a year as a household you have the opportunit...