Everything posted by GCrites
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Columbus: Housing Market / Affordable Housing
It does happen when the market isn't so constrained. Take a look at the neighborhood just east of the intersection of N. Hamilton and Thompson Roads.
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Columbus: Housing Market / Affordable Housing
I personally have seen residential move from Class A to Class B rather quickly in the Columbus market in the 2000s and 2010s. There is no guarantee in the 2020s so far though.
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Columbus: Housing Market / Affordable Housing
Yes. The difference here is if we're talking about the lending environment for the developers or for the buyers. And how many people pay cash for a new condo in a particular development.
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Columbus: Housing Market / Affordable Housing
Not enough condos show the kind of appreciation that other properties do as well --affecting the lending environment.
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Delaware County: Developments and News
GCrites replied to buildingcincinnati's post in a topic in Central & Southeast Ohio Projects & ConstructionTracks actually don't do a good job of keeping people away. See Lime Rock Connecticut, Laguna Seca California and Bridgehampton New York. The people build anyway no matter how long the track has been there then tell the track to shut up. The real estate people don't have to tell them the track is there and people don't do their research before spending $1 million plus on a house. If noise and dust are an issue for you then I would recommend finding somewhere else. Keep in mind though, there have been an enormous amount of proposed race tracks that never happen, make it partway then stop or only stay open 5 years or less.
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Columbus: Housing Market / Affordable Housing
I think condos are a manifestation of developers fearing a building won't fill up fast enough which is not an issue in today's market. With condos they started making at least some big money (sales, not just some rent) back right away if the building didn't fully rent immediately.
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Columbus: Housing Market / Affordable Housing
Way more multifamily gets built today as compared to 2002, so despite similar construction numbers there's still not enough SFH around in growing markets. Lowering birthrates were creeping up on SFH builders but the big birthrate killer (2008) hadn't happened yet.
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Columbus: Restaurant News & Info
GCrites replied to buildingcincinnati's post in a topic in Restaurants, Local Events, & EntertainmentThat always happens. "It goes on and on and on, it's Hebron and Heath!"
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ODOT Policy Discussion
What would this guy do out West?
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Columbus: Clintonville Developments and News
GCrites replied to Summit Street's post in a topic in Central & Southeast Ohio Projects & ConstructionI was very underwhelmed when they first came to town, but my frame of reference was the Big Bear donut which I've learned was not realistic.
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Columbus: Clintonville Developments and News
GCrites replied to Summit Street's post in a topic in Central & Southeast Ohio Projects & ConstructionI was surprised they went to the effort to tear down the Riverside one and put a little one up.
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Miscellaneous Ohio Political News
Yeah they'll be on social media at their jobs since companies don't want to fire people for little stuff like that anymore.
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Columbus: Downtown: The Madison / 100 North High
Less than 15 years ago, some Cincinnati bus stops were signed merely with a stripe on a light pole.
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Columbus: Downtown: The Madison / 100 North High
As far as the question of how long the buildings have been empty -- I was guessing Madison's closed in 1994 and I was correct: https://www.columbusmonthly.com/story/lifestyle/2014/12/22/city-quotient-tell-us-about/22771815007/
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Personal Finance / Investing Thread
The lesson is "can it with the near-zero interest rate environments already". You lose the effectiveness of the interest rate as a tool if when you need to raise it it does things like make assets worthless. We know the Fed likes it when equities are the only viable investment vehicle but that makes it where there isn't enough choice in the entire investing realm.
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Personal Finance / Investing Thread
Any kind of boundary put on "tech" is supposed to be the apocalypse for innovation. Yet think about the kind of boundaries the people who did things like the airplane, automobile and harness electricity faced.
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US Economy: News & Discussion
Do they even do those disbursements on the first of the month anymore? It used to be that on the first of the month you didn't dare shop for food because it would be too busy. Now traffic at supermarkets is much more even.
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Whitehall: Developments and News
Whitehall is one of those suburbs that was on equal footing with all the others until the late '80s/early '90s when all the money started getting sucked up into Dublin-Worthington-Westerville. That's why it seems like time stopped then.
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Columbus: German Village / Schumacher Place Developments and News
GCrites replied to buildingcincinnati's post in a topic in Central & Southeast Ohio Projects & Construction
- Remote Work
"Downtown DC" is NW DC and doesn't have much in the way of government buildings. It's the business district including offices for many lobbying organizations and other NGOs.- Columbus: Eastland Developments and News
I don't know when that Kroger closed. It used to be one of the best performers when I was a kid. I think the idea was that since the Groveport one opened, the Refugee/Chatterton connector happened with the Brice Kroger moving to Gender and Refugee plus the ongoing existence of the one at Main and Hamilton that people could disperse to those. I'm not 100% sold on that so to have food available in that space again is important.- Remote Work
I think the difference here is between people who are working their jobs for the opportunity to work with technology versus the people who merely deal with technology the minimum amount in order to get their work done.- Remote Work
The shrinkage is too high on self-checkout. They were actually more expensive than human cashiers -- at least at 2010s labor costs. Not sure if that has changed due to today's higher wage rates.- Columbus: Downtown: Capitol Square Renaissance (Edwards Cos.)
I think that "Centre" business is a relic of the metric system conversion days- Columbus: Housing Market / Affordable Housing
Austin I could see because Texans raise money very easily but Indy I don't know. Might just be that all the money and effort in Indiana funnels into Indy. - Remote Work