Seems it isn’t just government that has problems with the truth.
A reader recently told us of a real estate industry spokesman claiming a developer left $1,000,000 on the table as earnest money rather than pump $75,000 per acre into a huge parcel of land west of Boise. This info was reportedly dispersed at a “seminar.”
We made contact with the guy and he would not confirm or deny the report. He either had to say, “True the market is really shaky.” or “Not true, I lied to those attending the seminar.”
“I don’t want my name published anywhere,” he said. “We have had enough bad publicity.”
Then the dude regained his composure, used his friendly TRUST ME voice and said, “Our sales are right in line with 2004. The 2007 market looks good, we are encouraged, there was a readjustment, but all indications are for a strong recovery.” RIGHT!
For growthophobes this all may be good news. Combined with the drastic cutback in building permits in Boise and Meridian, and the huge inventory of unsold houses, perhaps we can catch our breath and collect some taxes to pay for all the infrastructure demands caused by the newbies.
We took a drive “in the country” Sunday and there isn’t much COUNTRY left anymore. We saw a new cookie cutter sub at the SE corner of Kuna-Mora and Cloverdale and were shocked at the number of houses north of Star in the foothills. Sprawl is alive and well in Ada County.
If you have lived in the area more than 10 years, take a drive out Chinden west of Eagle Road. Few crops left, but plenty of roof tops. Take a left turn into any subdivision and make a couple of random turns among the fake waterfalls–you will be lost within five minutes!
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