Monday, July 21, 2014

Local

Dayton's property values decline by $274 million.
"Half of Dayton’s neighborhoods had no valid residential property sales between 2011 and 2013, highlighting lingering weakness in the local housing market, according to data from the Montgomery County Auditor’s office.
During that three-year period, more than 1,000 valid residential sales took place in the city, the auditor said. However, more than one in every two sales occurred in just a dozen neighborhoods. The auditor’s definition of neighborhoods differs from the norm."
More evidence of a bubble. The Fed's funny-money hasn't reached the people in general.

Antioch College destroys five acres of greenspace for solar energy to power school. With that much space, with oil or natural gas, they could have powered all of Yellow Springs. Oddly, last year Antioch began an $8.8 million project to power its campus with geothermal energy. This is too funny.

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