As recently reported in the Los Angeles Times, a bank that took over a failed housing development in Victorville, CA has decided it will be cheaper to demolish the unfinished project, rather than finish it and sell the units. Granted, things are no where near this bad here in Colorado, but I still find this story rather wild. Of the 16 homes in the development, 8 were under construction in some fashion, while 4 were finished model homes. All have been torn down. In Victorville, home values are about 50% off from where they were when this project was started.
Fortunately, the on site crews have been selling off a lot of the materials, and are recycling a lot of the rest, so at least it isn't going into the landfill. But this entire exercise is still a waste of resources from building the homes in the first place, to tearing them down. Not to mention all the money spent on this project for building and ultimately demolition, taking the project back to dirt.
Wednesday, May 06, 2009
Thursday, April 30, 2009
Computer Frustrations
It just frustrates me to no end when I need to tackle a 5 minute task, but it takes an hour and a half or so to solve a computer issue, so I can get to that 5 minute task.
Monday, April 27, 2009
April Fuglie
Okay, I will admit, this is not fugly, just plain dumb. It also isn't often I give a fugly award to a project that I just gave high accolades too (see previous post). But as part of the Seventh Street reconstruction project, the planners decided to add diaganol parking, that you have to BACK INTO! I can only imagine the fender benders that are going to occur with someone stopping in traffic, starting to back up into the parking spot, only to have the person behind them not notice and running into them. This parking situation has had such an outcry against it, that the planners have decided to never do it again. Don't get me wrong, I think diagonal parking is a great idea, and should be encouraged on more streets, but done the traditional way with pulling in forwards, and then backing out. A lot less dangerous in my opinion.
Grand Junction Downtown
Recently, Grand Junction, Colorado has been spending a lot of time and money rebuilding its external downtown streets, and generally doing an excellent job. Basically, they are continuing the successful reworking of Main Street that was completed in the early 1960's and was nationally acclaimed. This is also one of the first downtown streetscapes that I have seen that constructed a round-a-bout in an existing downtown intersection, and done very successfully.
Also included with this reconstruction was a lot of attention paid to the pedestrian environment. Sidewalks were widened, outdoor dining areas created, pedestrian scale lighting, and enhanced crosswalks. Low brick walls have also been incorporated to provide additional seating, and to separate pedestrians from street traffic.
The particular project these photos are from is 7th Street. This involved a reconstruction of approximately six blocks of a four lane street. Since then, they have also reconstructed five blocks of Colorado Avenue in a similar fashion.
On both of these, the City of Grand Junction has done a fabulous job, and this will serve as a model for other cities to look to as they rebuild their downtown streets. Downtown Grand Junction also has a lot of land that is begging to be redeveloped. If you know of anyone who would be interested in a long term investment, let me know!
Also included with this reconstruction was a lot of attention paid to the pedestrian environment. Sidewalks were widened, outdoor dining areas created, pedestrian scale lighting, and enhanced crosswalks. Low brick walls have also been incorporated to provide additional seating, and to separate pedestrians from street traffic.
The particular project these photos are from is 7th Street. This involved a reconstruction of approximately six blocks of a four lane street. Since then, they have also reconstructed five blocks of Colorado Avenue in a similar fashion.
On both of these, the City of Grand Junction has done a fabulous job, and this will serve as a model for other cities to look to as they rebuild their downtown streets. Downtown Grand Junction also has a lot of land that is begging to be redeveloped. If you know of anyone who would be interested in a long term investment, let me know!
Saturday, April 04, 2009
Detroit Followup
I have done some research into the redevelopment efforts of Detroit. There is a lot going on in the works to redevelop downtown, which is starting to filter into outlying neighborhoods. There have been millions of dollars spent over the last decade redeveloping downtown, and the riverfront district. This includes new corporate headquarters for Quicken Loans, loft projects, and new retail and businesses. This has begun to spill over into other adjacent neighborhoods. Midtown in particular is seeing a renessaince with several new single family and townhome communities being built. What is more, most of it is being done using the existing infrastructure and street networks, which is important. The new buildings and neighborhoods are being incorporated into the existing neighborhoods. ModelD has a wealth of information on what is going on in Detroit. There are also organizations that are working with residents to create urban gardens, becoming somewhat sustainable.
Of course, a lot of this was going on prior to the economic collapse of late 2008, and in particular the auto industry which Detroit is heavily reliant on. And all is not rosy either. There are debates going on about whether abandoned buildings should be razed as noted in the article, Cleaning Detroit up, don't demolish its gems. There are also claims of corruption within city politics, and a government culture of getting in the way and heavy bureaucracy, and the high crime rate.
This is encouraging for Detroit, but the downsizing of the automobile companies is sure to have a profound impact on Detroit, and will likely derail any initiative to redevelop that was going on, particularly with the collapse of real estate prices. On the other hand, cheap real estate might encourage people to move to Detroit. These are people who arn't reliant on a local company for employment. Of course, the same can be said for many communities.
While I haven't had an interest in visiting Detroit in the past, I do now, to satisfy my own curiosity.
Of course, a lot of this was going on prior to the economic collapse of late 2008, and in particular the auto industry which Detroit is heavily reliant on. And all is not rosy either. There are debates going on about whether abandoned buildings should be razed as noted in the article, Cleaning Detroit up, don't demolish its gems. There are also claims of corruption within city politics, and a government culture of getting in the way and heavy bureaucracy, and the high crime rate.
This is encouraging for Detroit, but the downsizing of the automobile companies is sure to have a profound impact on Detroit, and will likely derail any initiative to redevelop that was going on, particularly with the collapse of real estate prices. On the other hand, cheap real estate might encourage people to move to Detroit. These are people who arn't reliant on a local company for employment. Of course, the same can be said for many communities.
While I haven't had an interest in visiting Detroit in the past, I do now, to satisfy my own curiosity.
Labels:
Development,
new urbanism,
street scape,
sustainability
Saturday, March 28, 2009
Foothills Fashion Mall- On Deaths Doorstep
Yesterday, the family made a visit to the local shopping mall, Foothills Fashion Mall, so our daughter could do some birthday shopping. I admit, I do not go to the mall very often, and I knew that some of the big tenants had left such as Mervyns and JC Penney, but I was still surprised to see the shear number of vacancies inside the mall. This mall is a dying mall. I remember seeing the same thing in other malls that used to be around Denver, such as Southglenn, Northglenn, and Cinderella City. All of which have been torn down and redeveloped.
Foothills Mall though continues to hang on. For most of it's life, this mall was owned locally, and they would occasionally put money into fixing the place up. Ironically, they sold it a few years ago to General Growth Properties, because GGP had a reputation of breathing life into malls, and upgrading them. Everyone thought this sounded like a good idea. They even bought up many of the surrounding properties with the intent of including them into a redevelopment plan. Knowing the buildings were going to be torn down, many of the tenants moved out.
Now that GGP is having its own financial issues, redeveloping this mall is nowhere close to being on their radar screen. So now we are left with several vacant buildings around the mall, the mall half empty itself, and what was once the retail economic engine for Northern Colorado, is now adrift in a sea of retail wasteland.
Of course, this is hardly unique to Fort Collins. Malls all over the country have run out of favor with shoppers. What was once a highly popular way to shop, which killed thousands of downtown's, is now falling victim to the latest retail trend - Lifestyle Town Centers. Of course, the big irony here is that these Town Centers are trying to emulate downtown's. Anyway, I recently read an article in New Urban News, where in Denver alone, 7 malls have been torn down in the last decade to be redeveloped (I can only think of 5), and only one new mall has been built, and it has struggled. I think that Town Centers are about to run there course too, and we will be looking at the next trend in retail centers, whatever that may be. In the last 20 years we have had malls, factory outlet stores, power centers, and now Lifestyle Town Centers. Shoppers are a fickle bunch, flocking to the latest in shopping trends, leaving a wasteland of shopping centers behind, always going to the newest and latest place. This is hardly sustainable in my opinion.
Anyway, back to Foothills Mall, we shall see what happens with it. It needs to be redeveloped into a mixed use center. General Growth can't do it. The best thing that could happen is it is sold to another company that can do it. Of course, in the current economic and financing climate, that won't be happening anytime soon.
Foothills Mall though continues to hang on. For most of it's life, this mall was owned locally, and they would occasionally put money into fixing the place up. Ironically, they sold it a few years ago to General Growth Properties, because GGP had a reputation of breathing life into malls, and upgrading them. Everyone thought this sounded like a good idea. They even bought up many of the surrounding properties with the intent of including them into a redevelopment plan. Knowing the buildings were going to be torn down, many of the tenants moved out.
Now that GGP is having its own financial issues, redeveloping this mall is nowhere close to being on their radar screen. So now we are left with several vacant buildings around the mall, the mall half empty itself, and what was once the retail economic engine for Northern Colorado, is now adrift in a sea of retail wasteland.
Of course, this is hardly unique to Fort Collins. Malls all over the country have run out of favor with shoppers. What was once a highly popular way to shop, which killed thousands of downtown's, is now falling victim to the latest retail trend - Lifestyle Town Centers. Of course, the big irony here is that these Town Centers are trying to emulate downtown's. Anyway, I recently read an article in New Urban News, where in Denver alone, 7 malls have been torn down in the last decade to be redeveloped (I can only think of 5), and only one new mall has been built, and it has struggled. I think that Town Centers are about to run there course too, and we will be looking at the next trend in retail centers, whatever that may be. In the last 20 years we have had malls, factory outlet stores, power centers, and now Lifestyle Town Centers. Shoppers are a fickle bunch, flocking to the latest in shopping trends, leaving a wasteland of shopping centers behind, always going to the newest and latest place. This is hardly sustainable in my opinion.
Anyway, back to Foothills Mall, we shall see what happens with it. It needs to be redeveloped into a mixed use center. General Growth can't do it. The best thing that could happen is it is sold to another company that can do it. Of course, in the current economic and financing climate, that won't be happening anytime soon.
Thursday, March 19, 2009
Detroit Followup
One of my readers, lostfortcollins.com, directed me to this fabulous video on nature returning to the abandoned neighborhoods of Detroit. Now my curiosity is really piqued, and I will add to my plate doing some further research and reporting on Detroit.
The original video is on Current.com
The original video is on Current.com
Labels:
Development,
downtown,
new urbanism,
street scape,
sustainability
Thursday, March 12, 2009
Google Earth Visits - Detroit
View Larger Map
I will admit that I have never been to Detroit, nor have I ever had any inkling too, but with all the recent press that Detroit has been getting with regards to the automobile industry, and the state of the housing economy there, I thought I would make a Google visit. As with most of my tours, I start with the downtown area. I immediately became intrigued with Detroit with the overall layout of downtown. All the major streets are broad parkways that are heavily landscaped, and all of these parkways pinwheel out from a central park. Very nice indeed, and a classic layout seen in many great cities. I also like the fact that the ballparks are oriented to the adjacent streets. The whole downtown area is very pedestrian friendly (at least from bird's eye), and extraordinarily well laid out.
Of course, from the air, you also see the downside. There is a tremendous amount of surface parking lots, and a fair amount of empty space between buildings. This provides opportunity for infill, with a good structure already in place. This of course, ignores the current economic climate of Detroit.
View Larger Map
Now one of the things that amazed me even more, was traveling less than a mile and a half outside of downtown, and there are blocks and blocks and blocks of vacant land...street are there, but few structures. I have to ask myself, what happened here? In most cities, you see very dense neighborhoods fairly close to the city core. And this isn't unique to this one area of Detroit, cruising around, this goes on for miles.
But why? Is there environmental pollution? Were these neighborhoods intentionally torn down, was there some kind of great fire? If you go miles out from the city core, you can find all kinds of new home development going on (or at least there was). So why has the city core all but been abandoned?
With all the talk these days about sustainability and redevelopment, this is an area where redevelopment should be strongly encouraged, in and orderly fashion. Why is the development in the suburbs, eating up raw land and having to extend utilities, when there is all this land close in, with all the infrastructure in place to support new development? I realize I am taking a rather simplistic view of this, as there are all kinds of other factors such as crime rates, environmental concerns, economic concerns etc. But these kinds of issues have been overcome in other areas, so why not here? I think as a society, we need to take a hard look at our priorities, and take a harder look at sprawl and urban development.
If anybody has any insight as to what happened in these neighborhoods of Detroit, I would love to here them!
Labels:
Development,
downtown,
Fugly,
new urbanism,
street scape,
sustainability
Google Earth Visits
One of the things I like to do is to visit different locations using Google Earth. I find this to be a fantastic tool to virtually visit areas around the globe that I have never been too. It is rather fascinating to see some of the various development patterns is different cities, towns and countries. With street view, it becomes even more fascinating to actually get on the street and see stuff, do 360 degree views and so on. Doing this for awhile, it finally hit on me, that I should actually blog about my visits, talk about what I see, and share my thoughts. Of course this will be done with very little or no knowledge of local politics, history and what not. I look forward to seeing the comments from my readers as well.
Labels:
Development,
new urbanism,
street scape,
sustainability,
ugly
Thursday, March 05, 2009
Spring is here..Way to early!
In our our area, and most of the front range of Colorado, this has been an incredibly warm, dry, and windy winter. It is so warm, we already have Tulips up several inches and crocus blooming. Today I noticed that the Nannyberry's are leafing out, and the blossoms on the Lilacs are turning purple...all a good month early! I am not ready to start watering yet, nor am I ready to clean up the yard yet. Knowing our luck, everything will leaf out, then we will get a massive freeze and snowstorm and wipe it all out.
Guess it is time to get the lawn mower fixed.
Guess it is time to get the lawn mower fixed.
Thursday, February 26, 2009
Recently a friend of mine asked me the following question (excerpt):
"I’ve been wondering about somethings, and thought you might have an opinion…..when the economy starts to turn around and we start pulling out of this mess, do you think how we do business as landscape architects and the development business as a whole will be different than it was before? Do you think we as landscape architects will continue to become more of an integral part of projects, team leaders as we were in Colorado? Or is our status shrinking again? Do you see developers developing entire projects for just building the infrastructure and selling paper lots? Or do you see things changing to a completely new way of doing things? Are things still headed toward the muli-discplinary firms?"
The following was my reply:
"Good questions. I do think we are going to be seeing a huge consolidation of firms, and more multi-disciplinary firms. I also see things going far more in the direction of design-build... particularly public projects. We are seeing Fort Collins going that way for all public buildings, and I bet it will head more in that direction for other public facilities as well. I don't think that is a bad thing, and I have enjoyed the ones I have worked on. I see a big disconnect between us design types, and the way things get built in the field. I have never been convinced that architect/designers/engineers know all about construction when it comes to designing things. On the other hand, as we both know, contractors don't always have an eye towards design. Of course I am generalizing. There are certainly some craftsman contractors out there with a strong eye for design, and vice verse. I like the idea of being able to get solid budget numbers as we design projects. I think LA's in particular, do tend to over design projects and add unnecessary costs. But then most civil engineers who think they are designers tend to under design... costs drives design.
I think the best projects is where all team members respect each others discipline and work towards the same goal. I have always tried to do that, and found the projects that are most enjoyable are where that has occurred.
As for the state of development, unfortunately what you are witnessing where engineers and architects rule the world is more the norm than not. What you saw in CA and Denver with the big builders dominating the market is not the rule. In fact, I think that the days of big builders are numbered, at least as large as they have been. I forsee a rise of the smaller builders again, at least for several years. Eventually the big builders will take over again. I do see that builders, esp. big ones, will quit developing their own land and buy finished lots from developers. That has been shifting for several years.
As for what developments will look like I am not really certain. For the short term, I see smaller 10-20 lot developments getting done, as they will be easier to get financed and absorbed by the market, and ones that fill particular niches. On the other hand, economies of scale are hard on these small projects, something I know first hand. Over time larger projects will again come to roost. I do kind of like the model that Lowry and Stapleton have formed, where builders only buy a block of lots here, and a block of lots there, so it is truly mixed."
While this is kind of long and rambling, I would be interested in knowing what you all think.
"I’ve been wondering about somethings, and thought you might have an opinion…..when the economy starts to turn around and we start pulling out of this mess, do you think how we do business as landscape architects and the development business as a whole will be different than it was before? Do you think we as landscape architects will continue to become more of an integral part of projects, team leaders as we were in Colorado? Or is our status shrinking again? Do you see developers developing entire projects for just building the infrastructure and selling paper lots? Or do you see things changing to a completely new way of doing things? Are things still headed toward the muli-discplinary firms?"
The following was my reply:
"Good questions. I do think we are going to be seeing a huge consolidation of firms, and more multi-disciplinary firms. I also see things going far more in the direction of design-build... particularly public projects. We are seeing Fort Collins going that way for all public buildings, and I bet it will head more in that direction for other public facilities as well. I don't think that is a bad thing, and I have enjoyed the ones I have worked on. I see a big disconnect between us design types, and the way things get built in the field. I have never been convinced that architect/designers/engineers know all about construction when it comes to designing things. On the other hand, as we both know, contractors don't always have an eye towards design. Of course I am generalizing. There are certainly some craftsman contractors out there with a strong eye for design, and vice verse. I like the idea of being able to get solid budget numbers as we design projects. I think LA's in particular, do tend to over design projects and add unnecessary costs. But then most civil engineers who think they are designers tend to under design... costs drives design.
I think the best projects is where all team members respect each others discipline and work towards the same goal. I have always tried to do that, and found the projects that are most enjoyable are where that has occurred.
As for the state of development, unfortunately what you are witnessing where engineers and architects rule the world is more the norm than not. What you saw in CA and Denver with the big builders dominating the market is not the rule. In fact, I think that the days of big builders are numbered, at least as large as they have been. I forsee a rise of the smaller builders again, at least for several years. Eventually the big builders will take over again. I do see that builders, esp. big ones, will quit developing their own land and buy finished lots from developers. That has been shifting for several years.
As for what developments will look like I am not really certain. For the short term, I see smaller 10-20 lot developments getting done, as they will be easier to get financed and absorbed by the market, and ones that fill particular niches. On the other hand, economies of scale are hard on these small projects, something I know first hand. Over time larger projects will again come to roost. I do kind of like the model that Lowry and Stapleton have formed, where builders only buy a block of lots here, and a block of lots there, so it is truly mixed."
While this is kind of long and rambling, I would be interested in knowing what you all think.
Sunday, February 08, 2009
Curiosities of Life
Recently I was staying at a nice hotel during a conference in Denver. A curious thing happened at this hotel, and it follows the pattern of various hotels I have stayed at over the years. Why is it, at so-called low cost hotels, such as Holiday Inn Express, with the price of the room, you get free wireless internet, usually a free breakfast, and occasionally a free drink thrown in at the bar. When you stay at the so-called luxury hotels, not only do you pay more for the room, but you have to pay for wireless, breakfast, etc! So then, why do we stay at luxury hotels? To be honest, the only luxury ones I have stayed at are either ones where we got fabulous weekend deals, or someone else has payed for it. This has always been a curiosity to me.
Monday, February 02, 2009
HIstoric Remodel Part 2
This time I have attached a picture of the exterior of the home. It is pretty intact from the original construction 105 years ago, other than I can see where a porch roof used to attach to the home. Hopefully, this week or next I will get time to go down to the assessors office to explore the history of this home, and maybe even find some photographs of when it was built.
There are some things on the interior that are greatly amusing me. I have heard about some of things before, but have not witnessed them myself, not having been involved with a home this old before. First of all, there are many different styles of doors, and many different door heights! There is one door that goes between the bedrooms that I don't think is even 6 foot tall. I do have to duck through many of the doors. I wonder if we built a new today with mismatched doors, and varying sizes if it would even get through building inspections, much less be able to sell it. Oh well, the charm of older homes.
Tuesday, January 27, 2009
Historic Remodel
One of my business associates has a rental home he bought a year ago. Last month the tenants unexpectedly moved out, leaving quite a mess. After we got the got the junk cleared out of the house, we decided to fix it up, and rent it out again. This home is part of a larger piece of ground he is looking to develop, and the plan was to demolish this home. Now we are looking to keep it, and rent it out again for awhile, and possibly convert it to a commercial use.
In the interim, my wife has put a tremendous amount of time into cleaning it. We don't think it was cleaned once in the 10 years or so the tenant was there. Structurally the house is in good condition, but it needs some TLC. The owner tore out the old kitchen floor, and I took on the painting.
In the spirit of sustainability and being green, we are going to attempt a green remodel, on a tight budget. Part of the picture is of course, saving the structure in the first place. For the paint, I selected Olympic paint since it is a low VOC environmentally friendly paint. The floor was purchased off of Craig's list as a left over piece of sheet flooring.
Over time we will have to replace the wiring, rebuild the back lean too addition that house the kitchen and bath, replace the roofing (structure is fine), replace the heating system, etc. I will keep you posted on the progress. For now, enjoy the picures of us actually working on the place!
Labels:
Development,
green building,
green remodel,
sustainability
Sunday, January 25, 2009
Change is in the Air
As seems to be the theme this year all over the place, 2009 has brought a lot of changes to mine and my families life. With the tanking of the construction and development community (largely due to the collapse of the financial industry), I have been forced to make major changes in my business and restructure it. The sad side of all this, is having to significantly downsize our staff. I know I am not alone in this, as a lot of my clients have had to do the same thing. This economic downturn has been devastating to my professional community, and it is hard to affect the livelihood of people. However, it was either them or me, and since it is all in my name, I had to make the hard choices.
Of course, in the long term, this will allow me greater flexibility and the opportunity to explore new career directions. I am not sure if I will, but at least the flexibility is there now. Of course, I do love what I do, but I don't always enjoy the small business owner side.
The other significant change we are looking at this year is selling our home. Like a lot of other people, we wish to downsize and simplify. That we have yet to do. Change is never easy, but it can be exciting at the same time. Not to mention emotionally exhausting.
Oh well, Life goes on.
Of course, in the long term, this will allow me greater flexibility and the opportunity to explore new career directions. I am not sure if I will, but at least the flexibility is there now. Of course, I do love what I do, but I don't always enjoy the small business owner side.
The other significant change we are looking at this year is selling our home. Like a lot of other people, we wish to downsize and simplify. That we have yet to do. Change is never easy, but it can be exciting at the same time. Not to mention emotionally exhausting.
Oh well, Life goes on.
Monday, January 05, 2009
Note to Self
Ok, this past summer I built my daughter a beautiful Futon out of Knotty Alder. After the second major frame piece has cracked, I need to remind myself NOT to use Knotty Alder if something needs structural strength! OOPS!
Wednesday, December 31, 2008
Water Conservation
Well we did it! As we discussed in some of my June posts, we have been working hard this year to conserve water, both indoors, and more importantly in the yard. On our final water bill for the year, we came in 21,000 gallons below our allotment, or almost 9% below. While this is good, what is even more remarkable is that last year we were almost 40,000 gallons over our allotment, so in total we have cut our water usage by almost 22% Not bad if I say so myself!
We have also been cutting down on our electric useage, mostly on air conditioning. We only largely ran it for one month this summer, rather than the four months that we normally run it. I don't have the numbers in front of me, but our electric bills have certainly been lower. Now to create some goals for next year!
We have also been cutting down on our electric useage, mostly on air conditioning. We only largely ran it for one month this summer, rather than the four months that we normally run it. I don't have the numbers in front of me, but our electric bills have certainly been lower. Now to create some goals for next year!
Happy New Year
To all my faithful readers, I hope you have a great new years eve, and lets all have a prosperous New Year!
Thursday, December 25, 2008
Fugly December '08
I ran across this project awhile back in Grand Junction, and I was simply floored by it. In this day, with all the design professionals, stringent planning departments, and all, why do we continue to build such fugly housing? I understand the need to build homes that are affordable, but why on earth do we need to build multi-family housing straight as a Kansas Highway?
This particular building has 5 units in it, with the street facade dominated by garages, and hard to find front doors. Why not add on some bumpouts to break up the second floor, add a little ornamentation to the roof line, etc? There are simple things that can be done that adds dramatically to the character, without adding much cost.
What makes this even worse, is that these buildings are lined up barack style, and covered with a drab coloraed vynil siding material. Talk about going from bad to worse. I would have thought we would have learned lessons from all the 60's housing projects that are now being torn down. I guess not.
This particular building has 5 units in it, with the street facade dominated by garages, and hard to find front doors. Why not add on some bumpouts to break up the second floor, add a little ornamentation to the roof line, etc? There are simple things that can be done that adds dramatically to the character, without adding much cost.
What makes this even worse, is that these buildings are lined up barack style, and covered with a drab coloraed vynil siding material. Talk about going from bad to worse. I would have thought we would have learned lessons from all the 60's housing projects that are now being torn down. I guess not.
Thursday, December 04, 2008
Where's My Bailout?
As a small business owner of Vignette Studios, I am amazed at all the money being thrown into the financial systems, banks, markets, and possibly the auto industry now. All this is supposedly to keep a huge meltdown of the system from happening, with the original theory of helping out main street. Well guess what? The meltdown happened anyway. But I often ask myself, where is my bailout? I have tried hard to keep my debt down, have refused to mortgage my house to the hilt, have always managed to pay my bills even in tight times, and have tried hard to keep people employed. In spite of all this, my industry, which has been slowing down for the past few years, has collapsed the last six months. I am worried that everything I have worked hard for, might all be lost. So why isn't the feds coming to my aid? Instead of handing out billions upon billions to a few key companies, where I will never see any of that money, and they are still shedding thousands of jobs anyway, which makes the economy worse, and we just continue to spiral down, why not send each small business owner a hundred grand or so? That would keep millions of people employed, keep small business doors open, and keep us from defaulting. I think the feds, if they want to throw out money, need to truly help Main Street.
That being said, I am optimistic that we are closer to the end of this mess than the beginning. My business is directly tied to the residential market, and the residential market will come back first and help to lead the country out of the mess. All markets are local, and many will come back before the national market will. Our market, in Northern Colorado, did not get the massive buildup and runup in prices that California, Nevada, and other places did, therefor we did not fall as bad. All the indicators are out there that we have reached bottom, and will start climbing our way out. All we need is some confidence.
Now back to our regularly scheduled programming.
That being said, I am optimistic that we are closer to the end of this mess than the beginning. My business is directly tied to the residential market, and the residential market will come back first and help to lead the country out of the mess. All markets are local, and many will come back before the national market will. Our market, in Northern Colorado, did not get the massive buildup and runup in prices that California, Nevada, and other places did, therefor we did not fall as bad. All the indicators are out there that we have reached bottom, and will start climbing our way out. All we need is some confidence.
Now back to our regularly scheduled programming.
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