Letters

Letters 08-03-2015

Real Brownfields Deserve Dollars I read with interest the story on Brownfield development dollars in the July 20 issue. I applaud Dan Lathrop and other county commissioners who voted “No” on the Randolph Street project...

Hopping Mad Carlin Smith is hopping mad (“Will You Get Mad With Me?” 7-20-15). Somebody filed a fraudulent return using his identity, and he’s not alone. The AP estimates the government “pays more than $5 billion annually in fraudulent tax refunds.” Well, many of us have been hopping mad for years. This is because the number one tool Congress has used to fix this problem has been to cut the IRS budget –by $1.2 billion in the last 5 years...

Just Grumbling, No Solutions Mark Pontoni’s grumblings [recent Northern Express column] tell us much about him and virtually nothing about those he chooses to denigrate. We do learn that Pontoni may be the perfect political candidate. He’s arrogant, opinionated and obviously dimwitted...

A Racist Symbol I have to respond to Gordon Lee Dean’s letter claiming that the confederate battle flag is just a symbol of southern heritage and should not be banned from state displays. The heritage it represents was the treasonous effort to continue slavery by seceding from a democratic nation unwilling to maintain such a consummate evil...

Not So Thanks I would like to thank the individual who ran into and knocked over my Triumph motorcycle while it was parked at Lowe’s in TC on Friday the 24th. The $3,000 worth of damage was greatly appreciated. The big dent in the gas tank under the completely destroyed chrome badge was an especially nice touch...

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Jack Lane

 
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Monday, February 23, 2009

The future of real estate in Northern Michigan

Other Opinions Jack Lane I know we’ve all been shaken dramatically by the double whammy of the stock market dive and the real estate market dive. Worse yet, none of this was our fault – we were just playing the Great American Dream the way we were taught. Yet, tens of thousands of dollars have disappeared from our vision of what we thought we were worth.
I have good news for you. This is not the end of times. Most of us will be worth that much, again – and more. There have been nine other pronounced real estate declines in the history of this great country – and, every time, real estate has bounced back in dramatic fashion. This one will have the same result.
If you’re a seller, you hate this market. If you’re a buyer, this is the market you dream of. Keep in mind that most sellers will turn around and become buyers – so, even their dilemma is not as painful as the headlines suggest. Does it suck to be in this position? Absolutely! But whining doesn’t accomplish much. Besides, there is a silver lining to this “crisis,” so let’s have a look at the situation and decide how to proceed:
 
 
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