This article in the UT is worth a read: Condo conversions in county cooling off. They claim there is a glut of conversions on the market, but that everything will be peachy in 18 months. Really though, the issue is price. These guys bought high, and now have to sell high. Some have reduced prices …
Tag Archives: economics
Baja and San Diego blurbs
The grand North Park Theatre has been restored, and is opening as the Stephen and Mary Birch North Park Theatre. It is now the home of Lyric Opera San Diego. – There are only two public restrooms in downtown San Diego. This is a problem. I found it interesting that a self cleaning restroom can …
The b word
The ridiculously expensive converted condos a block away from us have apparently not been able to sell many units by using the sign flipper guys, or draping a giant banner on the front of the building that is visible from the freeway. This calls for the big guns – a big ole yellow blimp flying …
San Diego blurbs
I’m not a fan of pork in bills, but it looks like one good thing for San Diego made it into the Transportation Bill – 11 million to take the trolley up to the UTC/UCSD area. I’m sure it is going to be a while before it happens, but they can’t start quick enough in …
Peaks
Saudi officials saying that the Organisation of the Petroleum Exporting Countries will be unable to meet projected western demand in 10 to 15 years. This is a bit of a surprise, considering how optimistic OPEC usually is. I found this 3 part interview with Matthew R. Simmons, author of Twilight in the Desert, very interesting. …