|   | 
 
 
 
Mr. Frangos, Mr. Frangos, Tear Down This House  by possibly noteworthy at 12:25 pm EDT, Oct 15, 2011 |  
Decius: No one wants to try to catch a falling knife. 
 Brady Dennis: Four years into the housing crisis, the ongoing expense of upkeep and taxes, along with costly code violations and the price of marketing the properties, has saddled banks with a heavy burden. It often has become cheaper to knock down decaying homes no one wants. [This] grew out of a 2009 state law ... Similar legislation is in the works in Georgia ... 
 Gus Frangos, president of Cuyahoga County Land Reutilization Corp: It is the root canal of community development that we're doing, and it's not a quick fix. 
 Decius: Holy shit -- an intelligent, actionable idea! 
 Sterling Hayden: To be truly challenging, a voyage, like a life, must rest on a firm foundation of financial unrest.  If you are contemplating a voyage and you have the means, abandon the venture until your fortunes change. Only then will you know what the sea is all about. 
  |  
  
 
 | 
  |