"Many people may not know it but there are around 10 domain portfolio owners that own over 100,000 domains each, around 20 that own between 10,000 - 100,000, and around 100 that own between 1,000 - 10,000." - Chris White
People still need to live somewhere. It seems unlikely that these houses will simply sit empty for a long time. - Paul Buchheit
This article is mostly a paraphrase of the original Atlantic article (http://www.theatlantic.com/doc...). The claim is not that they will be empty, but that they will be occupied by poor people. - ⓞnor
"Indeed, the fact that Americans are embracing walkable neighborhoods is a good thing for their waistlines, their pocketbooks and the planet. "(Al) Gore talks about the inconvenient truth," says Norquist, "I call this the convenient solution: living in a more urban way." - Chris White
When Liz abandoned her house in Indianapolis (purchased at the peak of the boom), a bum moved in. He even got the electricity turned on for a while. A tree had grown roots through the plumbing before she left, so their was no water. But she had left couches and stuff for living. He doesn't seem to be there anymore, but as far as she can tell the bank still hasn't foreclosed and she left about 2 years ago. Maybe he found someplace better. - Clare Dibble
I like that the Atlantic article mentions Reston as the faux urban development. That's where the DC Accenture office is. When people describe it to people who have never seen it, the common phrase is "It's freaky, it's like the Truman show". . . and it really, really is. It's the modern Levittown. - Sarah Miller
Interesting. Was that a nice neighborhood Clare, or was it more like Detroit? (which apparently has a large number of abandoned houses) I wonder why the bank doesn't foreclose -- is the house + land really worthless? - Paul Buchheit
It wasn't a "nice" neighborhood, but certainly reasonable. Nothing like Detroit. People live(d) in the houses around there. Things weren't kept up beautifully, but they weren't falling into total decay either. I'd heard it wasn't the safest place, but I did not feel unsafe while visiting. My car was not broken into overnight (this was back when I had the civic). It had a nice yard with some big, old trees. It was on the south side and it is the north side of Indy that has really grown lately. - Clare Dibble
