|  Author | Topic: Greenville Politics (Read 1,264 times) |
DReinert
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|  | Re: Greenville Politics
« Thread Started on May 14, 2007, 1:13pm » | |
Well nkob, my response to Shirley would be "Why". Is our school board in some kind of ego trip out-do the neighbor thing. This is how we end up with Taj Mahal school buildings and kids with poor educations. I guess when we see our 2010 reports and find we're still at the bottom of the barrel at least we can say our schools are prettier than yours. 5 years down the road who do they think is going to come up with the money to maintain these monuments to ego? Shall we drive all business out of Pickens County by loading them up with tax burden? Businesses are whining already, and the Chambers of Commerce are pushing for more tax equity, which we all know means shifting some of the burden back on the average taxpayer. Politicians are realizing the error they made (and were warned of over and over) by rushing thru their "tax swap" and will soon be bowing to pressure to do something to correct their blunder. I believe we can be pretty much assured the issue is not at rest, and one way or another the money is going to talk and the burden will shift back to us. A couple years down the road our property taxes will be as high as they were before, we'll still be paying the extra 1% sales tax, and we'll be listening to the whining about the costs of school maintenance, the need for more classrooms, the need for more raises and administrators, and an endless list of needs. Meanwhile, we'll wonder why no one wants to locate a business here.
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| | Re: Greenville Politics
« Reply #1 on Jun 28, 2007, 6:26pm » | |
You can comment on Greenville Politics here.
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| | Re: Greenville Politics
« Reply #2 on Jul 8, 2007, 7:04am » | |
Here is an interesting letter that came out of the Greenville News. Real estate has softened, but given how much it has rallied the past few years, I don't think it is a problem. What do you think?
Real estate market is not so healthy
Your business editor, Woody White, wrote that Greenville residential real estate is strong based on sales being up 6.5 percent over last year and days on the market decreasing from 88 days last year to 81 days this year.
As a real estate consultant and market researcher for the past 30 years, and a licensed broker in three states, I respectfully disagree.
A healthy real estate market must have a balance between supply and demand, and Mr. White only addresses demand. First, more homes have been sold in less time because the median home price in the Greenville metro area has declined during the past year and is forecast to drop another 3.8 percent during this year.
Prices are being reduced because there is a growing oversupply of new homes on the market. Without boring everyone with statistics, Greenville area builders and developers are currently producing 150-plus percent more homes than the market can absorb. The result of this oversupply is now clearly evident.
A review of recent real estate sections reveal that Realtors are currently attempting to sell homes the same way a car salesman sells used cars -- one-day blowouts and price reductions! Commissions are being reduced or renegotiated. Builders are offering big-screen TVs and vacation packages to sell inventory.
Falling prices and an oversupply of homes are not signs of a strong and healthy real estate market.
Unless builders and developers curtail their reckless construction and our local bureaucrats stop allowing Greenville's beauty to be destroyed and its infrastructure to continue to deteriorate, this market is in for an unpleasant surprise.
Galen O. Ballard, Greenville
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interested
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| | Re: Greenville Politics
« Reply #4 on Nov 14, 2007, 7:12am » | |
I wouldn't say this is politics, but I'm sure it can be tied-in in some way.
The area with the lowest foreclosures in the country is the Greenville area. See the last paragraph in this article.
http://money.cnn.com/2007/11/13/real_est....sion=2007111405
I suspect it has to do with housing prices, than a booming economy. The prices here went up, but they didn't sky-rocket like in many cities.
If you buy a house for $100,000 and put down 10% or $10,000, and it falls in value more than 10%, at that point you owe $90,000 and it is worth less than $90,000. Many speculators then just walk away from the house at that point, and that is happening in large numbers.
That's a good thing for the Greenville area. I think the economy in the upstate is OK, mainly, because it is not being dragged down by a falling housing market.
What do you think?
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lonesomeme
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| | Re: Greenville Politics
« Reply #5 on Dec 17, 2007, 2:20pm » | |
Does anyone know what the deal is on the County Councilman from Grrenville the Grand Jury person's computers being seized
by SLED?
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