Saturday, December 13, 2014

City says 'forged or altered' document let to $2 million tax break for condos

http://www.baltimoresun.com/news/maryland/baltimore-city/bs-md-ci-tax-credits-20141212-story.html#page=1


"Baltimore's planning department was tricked into awarding $2.1 million in historic tax credits to a Little Italy condominium project based on a "forged or altered" document, a city review panel says in a new report."
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And that means 25 condo owners will see their property tax bills go up by $10,000 per year.

How Las Vegas gambled on the housing boom--and lost

http://m.thenation.com/article/191777-how-las-vegas-gambled-housing-boom-and-lost

The Las Vegas area has no water and a mono-economy that depends entirely on gambling.  Here's a great idea:  let's start a huge housing boom and grow like crazy.  What could possibly go wrong?

Homeowner association boots residents' cars on city streets!

http://krqe.com/2014/12/10/homeowners-association-boots-residents-on-city-streets/

And the city sent them a cease and desist letter that could lead to criminal prosecution if the HOA continues to defy the law.

Friday, December 12, 2014

A handful of lawyers have the Supreme Court's ear

Does this sound familiar? A small group of attorneys specializes in appearing before the USSC. But they are very reluctant to represent ordinary people because that would interfere with the flow of money from their elite corporate clients. It isn't that lawyers are bad people, as many people seem to think. It is that the economic incentives are structured so that representing human being doesn't pay off.

http://m.truthdig.com/eartotheground/item/a_handful_of_corporate_lawyers_have_the_supreme_courts_ear_20141212

Tuesday, December 09, 2014

Bill would force HOAs to allow fake grass | UTSanDiego.com

Bill would force HOAs to allow fake grass | UTSanDiego.com: SACRAMENTO — California homeowner associations would be required to allow artificial turf in front yards under a bill recently proposed by the San Diego County Water Authority.

The bill, or a version of it, is likely to be championed by Assemblywoman Lorena Gonzalez, D-San Diego.

Only a fraction of the state’s 47,000 HOAs permit synthetic grass on front lawns, with many saying its out-of-place look is a threat to property values.

Monday, December 08, 2014

Luxury building fences off rent stabilized tenants' terraces

http://nypost.com/2014/12/07/luxury-bulding-fences-off-rent-stabilized-tenants-terraces/

"First there was the Poor Door. Now there’s the Poor Porch. A Queens luxury tower that was bailed out by the city is blocking the large terraces of a few affordable units so tenants above with tiny balconies don’t get jealous, one resident claims."
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Ever since the Reaganization of both parties, the rich have been hoovering up virtually all the increase in national wealth while the rest of us stagnate or lose ground. In the process, the rich have become so irresponsible and arrogant that they don't even want to pretend we are all part of the same society. And here's the best part. The project was bailed out at public expense.

"Once a stalled condo project, the 17-story building was revived by the city Department of Housing Preservation and Development’s Housing Asset Renewal Program. The city doled out $7.6 million in subsidies and, with Bank of America, provided $28 million in low-interest construction loans to Queensboro."

(PS:  http://crooksandliars.com/2014/12/rj-eskow-jeffrey-sachs-pathological
The pathological culture of the rich.)