As long as we are talking about off topic and not relevant emails I think this one should be flagged too. YMMV Dwight Dwight E. Giles Jr. Wickford RI
On Wed, May 1, 2019 at 5:08 PM Clay Monroe via Mercedes < mercedes@okiebenz.com> wrote: > The same boom/bust cycle is going on today. > > While dragging her dog around the neighborhood (walking the dog) I pick up > a flyer on a house for sale. No pricing, just the normal realtor > gibberish. SWMBA gets home and all excited that we should troll the > interwebz to learn more about the six homes featured on the slip. The bulk > of them have been on the market for about a year and dropped prices by > 10-15%. The homes all needed “attention”. The newer (80’s/90s) home sport > original features (not renovated), the older homes have good bones but were > last upgraded about 30 years ago when somebody was flush with cash, or had > spruced it up before selling around the time of the Exxon Valdez spill. > > There is no crush or demand for commercial space. Lots of for lease > signage all over town. Lots of empty store fronts in the CBD. Very > minimal new construction going on, but for the few extended stay chains. > There is even an arsonist who likes to target defunct sushi shops and other > empty spaces. What commercial space there is looks very long in the > tooth. Aged strip malls with long time, low rent tenancy, or big box > stores that have been there for a long time and are begging for updating. > > > clay monroe > > > > > On May 1, 2019, at 4:31 AM, Dan--- via Mercedes <mercedes@okiebenz.com> > wrote: > > > > Going to the GABC is a right of passage for the first visit to ANC. It > harkens back to the days of the pipeline and the gold rush mentality of > those times. > > > > I can recall being up there in the 80s after the pipeline was completed, > and how badly the economy crashed. You would drive out into the ‘burbs of > ANC and see block after block of empty office buildings, shuttered > businesses, etc. It was almost post apocalyptic looking. > > > > -D > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
