Category: Land value

The ghost in the shell: Part 2, Render unto Scituate

1 March, 2017 (09:00) | Churches, Development, F.X. Cabrini, Housing, Land value, Nonprofits, Real estate taxes, Redevelopment, Scituate | No comments

  By: David A. Smith   [Continued from yesterday’s Part 1.]   As we saw yesterday, my morbid fascination with the deconsecration, closure, occupancy-vigil, and litigation of St. Frances X. Cabrini Catholic Church in Scituate has caused me to track it past the media’s loss-of-interest point (the vigilers’ peaceful departure) and to the question, is […]

The ghost in the shell: Part 1, I am the redevelopment and reuse

28 February, 2017 (09:00) | Churches, Development, F.X. Cabrini, Housing, Land value, Nonprofits, Real estate taxes, Redevelopment, Scituate | 1 comment

  By: David A. Smith   What comes after death?   What worth the body when the spirit has fled?   For human beings, any affirmative answer rests on faith, because we know what happens to the shell of our selves; it goes into the earth or into the fire.  But what happened to a […]

Double-entry urbanization: Part 3, 1J = 1A + 1C

26 August, 2015 (10:00) | Affordability, Apartments, Berlin, Cities, Economic development, Homeownership, Housing, Infrastructure, Land value, Markets, Rental, Supply and demand, Urbanization |

  By: David A. Smith [Continued from yesterday’s Part 2 and the preceding Part 1.] Any object, wholly or partially immersed in a fluid, is buoyed up by a force equal to the weight of the fluid displaced by the object.  – Archimedes’ principle of buoyancy Urban displacement is inevitable While Philip Oltermann, Anglo-German correspondent […]

Double-entry urbanization: Part 2, DPV = DI + DM = DE = DC

25 August, 2015 (10:00) | Affordability, Apartments, Berlin, Cities, Economic development, Homeownership, Housing, Infrastructure, Land value, Markets, Rental, Supply and demand, Urbanization |

By: David A. Smith [Continued from yesterday’s Part 1] For every action, there is an equal and opposite reaction. – Newton’s Third Law of Mechanics It used to be so cheap to live in London – not any more As we saw yesterday, the first law of urbanization and economics proves that when a city […]

Double-entry urbanization: Part 1, RC = RE = RI + RR = RPV

24 August, 2015 (11:15) | Affordability, Apartments, Berlin, Cities, Economic development, Homeownership, Housing, Infrastructure, Land value, Markets, Rental, Supply and demand, Urbanization | 1 comment

By: David A. Smith A = L + OE – The fundamental accounting equation As first documented in 1494 by Frater Luca Bartolomes Pacioli The father of accounting, or so they say Nothing in the universe acts without impact; all actions have consequences; and all changes to one side of the ledger likewise impact the […]