Category: Housing

When the house loses: Part 5, Backed up with money?

30 September, 2014 (09:00) | Boston, Casinos, Cities, Economic development, Economics, Everett, Gambling, Housing, Infrastructure, Land use, Local issues, Real estate taxes, Speculation, US News | No comments

[Continued from yesterday's Part 4 and the preceding Part 1, Part 2, and Part 3.] By: David A. Smith If I had a gun for every ace I have drawn, – Loser, Grateful Dead (Jerry Garcia, Robert Hunter) The curious land economic dynamics of developing urban casinos, as we saw in the preceding installment of […]

When the house loses: Part 4, Impossible business risk?

29 September, 2014 (09:00) | Boston, Casinos, Cities, Economic development, Economics, Everett, Gambling, Housing, Infrastructure, Land use, Local issues, Real estate taxes, Speculation, US News | No comments

[Continued from Friday's Part 3 and the preceding Part 1 and Part 2.] By: David A. Smith And you know I’m only in it for the gold – Loser, Grateful Dead (Jerry Garcia, Robert Hunter) As we’ve seen so far in this extended post, casinos are in business to make money – which is perfectly proper […]

When the house loses: Part 3, Predictable for this type of site?

26 September, 2014 (09:00) | Boston, Casinos, Cities, Economic development, Economics, Everett, Gambling, Housing, Infrastructure, Land use, Local issues, Real estate taxes, Speculation, US News | No comments

[Continued from yesterday's Part 2 and the preceding Part 1.] By: David A. Smith Don’t you push me baby, ‘cause I’m all alone Well I know a little something you won’t ever know – Loser, Grateful Dead (Jerry Garcia, Robert Hunter) In yesterday’s installment of this multi-part post we saw that casinos generate substantial localized […]

When the house loses: Part 1, $700 million a year?

24 September, 2014 (09:00) | Boston, Casinos, Cities, Economic development, Economics, Everett, Gambling, Housing, Infrastructure, Land use, Local issues, Real estate taxes, Speculation, US News | No comments

By: David A. Smith All that I am asking for is ten gold dollars I could pay you back with one good hand – Loser, Grateful Dead (Jerry Garcia, Robert Hunter) Gold has been coveted since prehistory because it is small, rare, and valuable In Las Vegas they remind gamblers, The house always wins, but […]

Where the money goes, the people will follow: Part 3, Not in China’s operating system

23 September, 2014 (10:00) | Capital, China, Emigration, Exports, Global news, Housing, Imports, Markets, Schools, Speculation | No comments

[Continued from yesterday's Part 2 and the preceding Part 1.] By: David A. Smith As so happens when I write about China, the process of laboriously sorting through my thinking means the posts expand, and my post about Chinese emigration, using as a source an article from the Wall Street Journal (August 15, 2014), brought […]