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CensorshipSubmitted by lmcshane on Sun, 09/09/2018 - 15:07.
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Another study - and *suprise* the answer to the problem? MORE Demolitions! When does the PD and Clevelanddotcom stop promoting the mobsters who are behind this "study?" Some of us have been doing research, too? Guess what?! The insane "non-profit" industry in NEO is the problem. Oh, and the two crooks who set up CDCs and non-profits, like Cleveland Housing Network, Neighborhood Housing Services, Centers for Families, ad nauseum - they are the problem. Cuyahoga County's former treasurer and deputy treasurer. If I post their names, my comment will be deleted. Read the posts on CHN-Eden fraud at REALNEO dot us
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Reply to @brs: mark my words - Metroparks is quietly working with WRLC for Forest Hills Park (East Cleveland/Cleveland Heights)- part of the old Rockefeller estate. Metroparks can and does affect real estate valuation. Recent transfer of Dunham Park in Maple Heights is part of strategy to stablize tax base in eastern first ring suburbs. The key to development has to be building a TAX BASE - not the tax abated housing in Detroit Shoreway, Tremont and Ohio City that is sucking the life out of the local economy CONTENT DISABLED
Budish has a challenger this fall. VOTE for Corrigan. The entrenched corruption at Cuyahoga County was NOT removed w/indictments of Russo-Dimora. Real estate mafia in this town are still operating under cover of the CDCs (Detroit Shoreway) and the City and Cuyahoga County Land Bank. City of Cleveland will slowly stop feeding this machine - transparency and open government will prevail. Cleveland can not afford to keep operating this way. CONTENT DISABLED
Reply to @Michelle Jarboe, The Plain Dealer: no mention of the Board of Revision controlled by previous county treasurer and deputy treasurer....PD started to analyze corruption through appointments at BOR and abruptly stopped. Leila Atassi was assigned investigation into Gus Frangos for his mortgage fraud and it was stopped (Brent Larkin?). Frangos runs the Cuyahoga County Lank Bank. One of the neato tricks the land bank can perform? Witing out back taxes. Ms. Jarboe knows CCLB "erased" $118K on 3881 W. 25th for Cleveland Housing Network scheme.
Reply to @Michelle Jarboe, The Plain Dealer: Michelle I'm not sure how old you are, but in 2000 we were just coming off all the programs that were the beginning of this collapse, the economy was cranking, and money was being lent like crazy. Home values were artificially inflated. They weren't better off which is why the bubble of their inflated value busted. I've lived in the city my entire life and work as a contractor in the same area today. I'd guess you are either new to the area, never been to half the neighborhoods, or are under 30 years old. The reasons the outer suburbs didn't feel the hammer from the recession is because a higher amount of them live in a real estate model that is recession proof to being with. Another issue you have is that outer suburb demographic is predominantly white, or at least was at that time. The policies that started the ball rolling on the housing bubble were given loans to minorities who were not credit worthy in the name of giving everyone the american dream of owning a home. Finally you had mass corruption in Cleveland where people could make money quick flipping low cost homes using banks and elected officials to quickly inflate home value after purchase.
You can have all the charts you want. Prices in Hough, Glenville, St. Clair etc are never coming back. Nobody wants to move to a war zone. That's the issue, not the recession. Then again I'm guessing you didn't spend much time in Hough or King Kennedy or hanging out on Ansel Rd before or after the recession
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Reply to @GhostofBeanie: Well said. Jarboe is young -but is one of PD's better reporters. That said, I wish she would take the blinders off when it comes to Cuyahoga County Land Bank and WRLC. East Cleveland is planned for massive expansion of University Circle. Norm Roulet, who set up REALNEO, knew this. He was a guinea pig in the redevelopment of the areas where large tracts of land have been cleared by demolition.
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Reply to @Michelle Jarboe, The Plain Dealer: yes - and you know WRLC has investors interested in East Cleveland. This predatory model has to stop. Insider deals brokered by the Cuyahoga County Land Bank. Your publication is complicit. The massive demos that led to the Noble Rd Dump poisoning families in East Cleveland. I don't know how Gus Frangos and Cheryl Stephens sleep at night.
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