I see these stories all over the place. My question, why is the San Diego condo over development a mainline story for the Boston Globe?
Is it that Boston, did the same kind of condo glut overbuild and tank in 89-90? Or is this type of story, a kind of perversion of the news. I recall stories in the LA Times talking about the property tax problem in Las Vegas, that’s somewhat relevant as many speculators in LA owned LV property. But they’ve also run stories on the real estate market in further less connected places.