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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.
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