Bloomberg: The Surge in U.S. Mansion Prices Is Now Over
So apparently, and despite what you may have heard from all of the usual suspects, McMansions have actually become a financial burden on the communities where they are built as well. For the rest of this eye opening article click here.
Arcadia Chamber of Commerce Big Dome Quits, Heading to Nebraska
Mod: Arcadia Chamber head Scott Hettrick, who has enjoyed some notoriety on this blog over the last year or so for his willingness to serve as an easy apologist for both Addams Family McMansion development and such infamous Arcadia political figures as John "Johnny GemCoins" Wuo, is hanging it up and heading for Nebraska. Of all places. Another sign that big changes are under way in Peacockia as its once all powerful old guard continues to just fade away.
Thanks to the assistance of invisible hands, here is Scott Hettrick's resignation letter.
Is it just me, or is there some irony in the confessed fact that the CEO of the Arcadia Chamber of Commerce can no longer afford to live in that town? And now finds the prospect of living in an apartment complex in Omaha to be a better option?