Category: Ownership

Occupancy if not ownership: Part 2, A place is only a place

7 July, 2014 (13:48) | Archdiocese of Boston, Churches, Development, Occupancy, Ownership, Property rights, Scituate, Speculation, Theory, US News | No comments

[Continued from yesterday's Part 1.] By:David A. Smith Yesterday’s post on the deconsecrated Boston-area churches, using two recent stories in the Boston Globe (June 22, 2014; blue font) and the Boston Herald (June 22, 2014), highlighted that after a ten-year canonical appeals process, the Vatican denied the petitioners’ request for the archdiocese of Boston to […]

Occupancy if not ownership: Part 1, Parting from friends is a sadness

3 July, 2014 (10:01) | Archdiocese of Boston, Churches, Development, Occupancy, Ownership, Property rights, Scituate, Speculation, Theory, US News |

By:David A. Smith  Emotionally if not legally, possession is nine-tenths of the law, and in real estate, occupancy is nine-tenths of possession, emotionally if not legally or contractually. Ownership is a legal condition and it is also a state of mind: the longer we are able to occupy a place, regularly even if not continuously, […]

Cannot we consecrate? Part 2, “I expect we will sell it”

8 March, 2013 (09:00) | Affordability, Cabrini-Green, Canon law, Chicago, Churches, Housing, Land value, Law, Ownership, Public housing, Zoning |

[Continued from yesterday's Part 1.] By:David A. Smith   Yesterday, using half a dozen articles anchored by this report in the Boston Globe (October 20, 2012) (blue font), I followed the eight-year vigil of continuous trespassing occupancy by parishioners of St. Frances X. Cabrini Church in Scituate, which by now has become a set of […]

Cannot we consecrate? Part 1, “We are not their ATM”

7 March, 2013 (09:30) | Affordability, Cabrini-Green, Canon law, Chicago, Churches, Housing, Land value, Law, Ownership, Public housing, Zoning |

 By:David A. Smith   As I was researching and writing my multi-part piece on the redevelopment of churches into housing, I came across the remarkable story of St. Frances Cabrini in Scituate, a former church that ought to be redeveloped, and is not being redeveloped because of the stubbornness – they would say faith – […]

The ‘I don’t like you’ tax

6 March, 2013 (14:32) | Appraisals, Capital, China, Global news, Hong Kong, Local issues, Ownership, Real estate taxes, Rental, Singapore, Speculation, Valuation |

By:David A. Smith   For the most full-on Monet of reasons (“from far away, it’s okay, but up close it’s a big old mess”), Signapore has imposed a hefty surtax on foreigners buying residential property in their thriving city state.  As reported in the Wall Street Journal (January 29, 2013):   Singapore’s Housing Tax Hits […]