Comments on: Interview with the Villains of Charlottesville’s Real Estate Bubble Blog http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/ Charlottesville News & Gossip, Served Fresh Daily Sat, 20 Mar 2010 04:20:56 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Holy Shhhh… Bubble Blog Is Back | cVillain http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-169559 Holy Shhhh… Bubble Blog Is Back | cVillain Wed, 18 Nov 2009 18:08:39 +0000 http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-169559 [...] a Prayer”, or Nickelback anywhere, things don’t sound very good.  You may remember the last interview cVillain did with them over a year ago.   A lot has happened in the real estate world since then, so I thought we could all stand for [...] [...] a Prayer”, or Nickelback anywhere, things don’t sound very good.  You may remember the last interview cVillain did with them over a year ago.   A lot has happened in the real estate world since then, so I thought we could all stand for [...]

]]> By: Publius http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-130313 Publius Thu, 09 Apr 2009 02:55:21 +0000 http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-130313 Why does the City Assessor live in the *County*? Doesn't the county have lower tax rates? Ahem. Why does the City Assessor live in the *County*? Doesn’t the county have lower tax rates? Ahem.

]]> By: Fulton http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-106153 Fulton Thu, 01 Jan 2009 16:35:29 +0000 http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-106153 Following up on one of the earlier comments, I think it's tragic that ANY new construction is going on with commercial vacancy rates in C'ville and throughout Albemarle County well above 20% right now. And, as the economy worsens, the city and county will be desperate to ease the tax payer's burden. Our officials succumb to business interests and developers by lessening and loosening zoning standards. You can already see it, as often is the case, in outlying areas where they literally sell their town to the devil (Wal-mart, Lowe's, McDonald's, etc.) to reap tax dollars. They satisfy their immediate income needs at the expense of sustainability and good site development. Look at Ruckersville in Greene County. This area on Rte 29 is disgusting. Generic buildings put up with little concern for aesthetics. Entire developments of construction grade boxes on sterile, arid, side-by-side lots. A blight of new traffic lights heralding the entrances to Wal-Mart, Lowe's, and ugly strip malls. Large tracts of land cleared of every living thing in anticipation of more buildings. And every where, more land for sale as the "Old" Virginians sell their holdings while the money's here. Master Plan? I'm sure they think they've got a great one. But the visual evidence is anything but positive. They built a gorgeous 4 lane highway from Rte 29 to the Blue Ridge and patrol it with scores of police. What a great use of tax dollars! In fact, next time you travel thru Ruckersville or Rte 33 to the mountains, count the number of cop cars you see--you'll be amazed and alarmed--is this a police state, or what? I guess part of the Greene County Master Plan is to augment incoming tax revenue with driver "donations". You've been warned! Stay away from Ruckersville! Their current "plan" will ultimately cause real estate values to drop further, their infrastructure to suffer, and the natural beauty of the area to degrade with more and more sloppy, second rate construction. Towns can't stop growth, they can only control it. But control is often parlayed in the interest of money--something that isn't flowing as readily into the town coffers, these days. Following up on one of the earlier comments, I think it’s tragic that ANY new construction is going on with commercial vacancy rates in C’ville and throughout Albemarle County well above 20% right now. And, as the economy worsens, the city and county will be desperate to ease the tax payer’s burden. Our officials succumb to business interests and developers by lessening and loosening zoning standards.

You can already see it, as often is the case, in outlying areas where they literally sell their town to the devil (Wal-mart, Lowe’s, McDonald’s, etc.) to reap tax dollars. They satisfy their immediate income needs at the expense of sustainability and good site development.

Look at Ruckersville in Greene County. This area on Rte 29 is disgusting. Generic buildings put up with little concern for aesthetics. Entire developments of construction grade boxes on sterile, arid, side-by-side lots. A blight of new traffic lights heralding the entrances to Wal-Mart, Lowe’s, and ugly strip malls. Large tracts of land cleared of every living thing in anticipation of more buildings.

And every where, more land for sale as the “Old” Virginians sell their holdings while the money’s here.

Master Plan? I’m sure they think they’ve got a great one. But the visual evidence is anything but positive.

They built a gorgeous 4 lane highway from Rte 29 to the Blue Ridge and patrol it with scores of police. What a great use of tax dollars! In fact, next time you travel thru Ruckersville or Rte 33 to the mountains, count the number of cop cars you see–you’ll be amazed and alarmed–is this a police state, or what? I guess part of the Greene County Master Plan is to augment incoming tax revenue with driver “donations”.

You’ve been warned! Stay away from Ruckersville! Their current “plan” will ultimately cause real estate values to drop further, their infrastructure to suffer, and the natural beauty of the area to degrade with more and more sloppy, second rate construction.

Towns can’t stop growth, they can only control it. But control is often parlayed in the interest of money–something that isn’t flowing as readily into the town coffers, these days.

]]> By: Charlottesville's Real Estate Bubble Bloggers Revealed | Real Central VA http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-70840 Charlottesville's Real Estate Bubble Bloggers Revealed | Real Central VA Mon, 11 Aug 2008 11:01:50 +0000 http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-70840 [...] cVillains and I must have been drinking the same Kool Aid, as we both have interviews with the Real C’Ville bubble bloggers … If you haven’t read the Charlottesville Bubble Blog, you’re missing out. They can be brash and snarky at times, but their anonymity gives them freedom and license to write about subjects I can’t touch on this blog. In addition, their critical analysis has proven to be insightful, and their commenters frequently give “on the ground” opinion. As far as I can tell, their audience is comprised of buyers, sellers, voyeurs, Realtors and others with and without sticks in the real estate fire. [...] [...] cVillains and I must have been drinking the same Kool Aid, as we both have interviews with the Real C’Ville bubble bloggers … If you haven’t read the Charlottesville Bubble Blog, you’re missing out. They can be brash and snarky at times, but their anonymity gives them freedom and license to write about subjects I can’t touch on this blog. In addition, their critical analysis has proven to be insightful, and their commenters frequently give “on the ground” opinion. As far as I can tell, their audience is comprised of buyers, sellers, voyeurs, Realtors and others with and without sticks in the real estate fire. [...]

]]> By: Lys http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-70131 Lys Thu, 07 Aug 2008 15:57:57 +0000 http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-70131 Great interview! Great interview!

]]> By: The Bubble Blog http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-70054 The Bubble Blog Thu, 07 Aug 2008 02:50:23 +0000 http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-70054 There have been real estate bubbles in the past, and there are currently bubbles occurring elsewhere in the world. Here's a good definition of a real estate bubble and how to tell when it has burst. The short article also has lots of great links. http://en.wikipedia.org/wiki/Housing_bubble In completely unrelated news, except visually, Mr. Bubble has gone bankrupt: http://tinyurl.com/5dp38g There have been real estate bubbles in the past, and there are currently bubbles occurring elsewhere in the world. Here’s a good definition of a real estate bubble and how to tell when it has burst. The short article also has lots of great links.

http://en.wikipedia.org/wiki/Housing_bubble

In completely unrelated news, except visually, Mr. Bubble has gone bankrupt: http://tinyurl.com/5dp38g

]]> By: Sho http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-69811 Sho Wed, 06 Aug 2008 13:18:42 +0000 http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-69811 @9 - Oh, and not add 10k jobs, but support, meaning the current 3-4k jobs currently supplied by NGIC will be apart of that number. But that is also a government facility, so expect things to be delayed for years and changes in administration can move all that elsewhere. @9 – Oh, and not add 10k jobs, but support, meaning the current 3-4k jobs currently supplied by NGIC will be apart of that number. But that is also a government facility, so expect things to be delayed for years and changes in administration can move all that elsewhere.

]]> By: Sho http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-69809 Sho Wed, 06 Aug 2008 13:12:50 +0000 http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-69809 @9 - That would be the NGIC... it has been around a while. At the news they were expanding their facilities people immediately started raising prices around here... but no one seemed to note that the construction was set to go for the next several years (at the time) and is still years away from completion. Meaning: those 10,000 jobs are coming in a trickle over the next 3-6 years, not 2 years ago and all at once. People are morons. @9 – That would be the NGIC… it has been around a while. At the news they were expanding their facilities people immediately started raising prices around here… but no one seemed to note that the construction was set to go for the next several years (at the time) and is still years away from completion. Meaning: those 10,000 jobs are coming in a trickle over the next 3-6 years, not 2 years ago and all at once.

People are morons.

]]> By: cVillain » Blog Archive » Charlottesville Blogs You Gotta Read http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-69808 cVillain » Blog Archive » Charlottesville Blogs You Gotta Read Wed, 06 Aug 2008 13:11:00 +0000 http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-69808 [...] we featured the Bubble Blog yesterday, but there are so many other little gems you need to [...] [...] we featured the Bubble Blog yesterday, but there are so many other little gems you need to [...]

]]> By: echo http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-69801 echo Wed, 06 Aug 2008 12:19:48 +0000 http://cvillain.com/2008/08/05/interview-with-the-villains-of-charlottesvilles-real-estate-bubble-blog/#comment-69801 Speaking of interviews, wasn't there supposed to be an interview with Thor in the E-VILLE? Speaking of interviews, wasn’t there supposed to be an interview with Thor in the E-VILLE?

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