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All this talk about the housing bubble bursting ought to be better focused on the oil bubble bursting. As Paul Krugman pointed on last week in his column in the NY Times, this is NOT an oil bubble, but part of a new reality. And the price of oil effects everything. Food, heating, transportation, plastic.....
So to bring this back home,the price of "green homes" will be rapidly effected by the rising costs of oil. Few want to believe it yet, but the era of cheap energy is over. And energy efficiency will become the new mantra of home ownership. Green home values will far outpace the value of conventional homes because the cost of operating them will more than conpensate for the higher price.
Posted by: thisnthat at May 17, 2008 12:39 PM in response to Upscale Green Townhouses Coming to Bed Stuy

Crown Heights Revitalization Movement, a new group created in response to Crown Heights over-saturation with social service residences, has conducted a review of each of the Community Boards in Brooklyn. Based on the City's own records there are 1,170 social service residential beds in Community Board 8 - North Crown Heights.* For every 100 acres of land in the community board, there are 112 beds. This is the highest level for any community board in Brooklyn. By contrast, Park Slope (CB6) has 19 beds per acre, Bedford-Stuyvesant (CB3) has 42 beds per acre and Crown Heights South (CB9) has 51 beds per acre. And this is BEFORE any expansion at the Bedford Armory.
Are there any other communities where the shelter system should expand into? How about just about any of them!
*Based on a review of Department of City Planning: Community District Profiles and Department of City Planning: Selected Facilities and Program Sites.
Posted by: thisnthat at May 11, 2008 5:51 PM in response to Friday Links