Tag Archives: real estate

No Banker Left Behind

A US bank chairman has pleaded guilty to using bailout money given to rescue his firm to buy himself a luxury home. Darryl Woods used $381,000 (£245,000) of the $1m given to his Mainstreet Bank to buy the Florida waterfront property. Following the US housing collapse and financial crash, Mainstreet needed to be propped up […]

Real Estate and positional goods

Most of our regulars will be familiar with acute commenter Lorenzo’s short essays and book reviews on medieval history and culture, but today I’d like to draw your attention to something else he does: write about urban planning and infrastructure provision. These two pieces (do read them in order, you will get a great deal […]