I saw something like that outside of Dallas some years ago. They had built a
whole town and then the market went bust. There were developments all over the
place but no body living there. Very light traffic and importantly to me no
restaurants.Strangely the only hotel was an extended stay. I don't remember
which chain but it was a pretty nice hotel.
-Curt
On Wednesday, May 1, 2019, 5:15:30 PM EDT, Dan Penoff via Mercedes
<mercedes@okiebenz.com> wrote:
Sounds much the same as I recall.
What I found weird was that you could head out to the “suburbs” and would be
surrounded by all this developed property that had empty buildings on it. I
distinctly recall seeing national chains like Wendy’s all boarded up, yet the
buildings and property looked like it was brand new. It was almost creepy.
And then as quickly as suburbia ended you would see the classic AK shack on a
piece of property with the weathered cedar and the elk or moose rack fastened
to the gable above the front door and the beater pickup truck parked in front.
The contrasts were surreal.
-D
> On May 1, 2019, at 5:07 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
>
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