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December 19, 2007

Where the houses are depreciating

Good graphic from LoanPerformance HPI. homeprices.gif
Posted by Jay Hancock at 3:51 PM | | Comments (1)
        

Comments

Housing can also depreciate due to lack of enforcement of noise ordinances and zoning ordinances. Maryland has no real noise laws, at least no one is enforcing them in our area. Our Sheriff totally ignores them. He even cancels the noise calls. Hope the State of Maryland can take a hit on the lost tax revenue. The home owners aren't losing sleep over it, only losing sleep over the noise!

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Wednesdays and Fridays.
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