Earth Hour - Today 8-9pm
March 29, 2008 | Filed Under Uncategorized | 1 Comment
On Saturday, March 29, 2008, Earth Hour invites people around the world to turn off their lights for one hour – from 8:00pm to 9:00pm in their local time zone. On this day, cities around the world, including Boston, Copenhagen, Chicago, Melbourne, Dubai, and Tel Aviv, will hold events to acknowledge their commitment to energy conservation.
Given our company’s commitment to environmental awareness and energy efficiency, we strongly support the Earth Hour campaign, and have posted this today to help spread awareness of what we hope will be a highly successful global event.
Rent Control Rejected Again in Boston
August 9, 2007 | Filed Under Real Estate Trends and Statistics, Uncategorized | Leave a Comment
The Boston City Council voted to reject a new system of rent control in Boston. The bill would have given tenant activists the ability to collectively organize and negotiate while requiring owners to open their buildings to provide the activists with the ability to leaflet and solicit tenants in their own homes. It would have also required owners to meet with each tenant activist group at least twice a year for a maximum of six hours each meeting. If the owner would have failed to meet the activists, he or she may have been prohibited from obtaining any future permits from the city. The action was opposed by both the Boston Herald and the Boston Globe, as well as by the Greater Boston Real Estate Board.
My take: I can’t even believe rent control is still being discussed. Is there a problem of affordable housing in Boston? Absolutely. Is rent control EVER the answer? Absolutely not.
Real Estate is one of they only fields left where Joe Shmoe can use Adam Smith’s “invisible hand” to build wealth. When the free market is left to its own devices, neighborhoods flourish because owners care. Nicer units in nicer neighborhoods command higher rent, so owners invest in their assets rather than letting them decay. Rent control interferes with the natural ebb and flow of supply and demand…and that is just something that shouldn’t be messed with. It has failed so many times; at least it looks like some people are learning. Rent control is a good political sound-bite, but it is a long-term disaster.
The answer to the affordable housing problems in Boston is in affordable housing programs ordained by the city, such as the Leading the Way and Leading the Way II programs. New buildings must include affordable housing units, that must be re-sold or re-rented as affordable housing units. These programs should be expanded and new programs explored. We need to invest in something that works, not and economic time-bomb.
What is important to you?
August 7, 2007 | Filed Under Uncategorized | Leave a Comment
As I begin this first blog I already have a long list of real estate topics I would like to cover. For reasons I cannot fathom, God has not given me the power to read your minds…so please feel free to shoot me an e-mail or comment about a topic or question you would like me to discuss. I am also always available for more private discussions about specific properties in the Metro Boston area.
You can reach me at: mara@bushari.com
Welcome to the Bushari Team’s New Boston Real Estate Blog!
August 7, 2007 | Filed Under Uncategorized | Leave a Comment
Okay, here it goes…
Our mission is to provide the most reliable and up-to-date news about the Boston Real Estate market and to create a marketplace for home buyers, sellers and developers. We will be covering Boston’s luxury developments, Boston Condos, Boston Lofts and Real Estate Trends and Statistics.
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