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| Northampton Real
Estate; a Soaring Stock Market; Food Riots in the Middle East. What's
the Connection? (April 27, 2011) |
| A Few Thoughts
on Sovereign Debt (June 6, 2010) |
|
Letter to a Friend Buying on the Cape:
Don't! (November 21,
2009) |
| A
Slow-Motion Train Wreck: The Debt Crisis and Real Estate
(December 11, 2008) |
| A
Realtor's View from Hubbert's Peak: The End of Cheap Oil and Cheap Money
(June 5, 2006) |
| War
and Property Inflation (April 7, 2005) |
| Why Home Prices
Are Going through the Roof: A Brief Guide to the "New Economy"
(January 13, 2003) |
| From Patrick Killelea of
Patrick.net,
a great resource for real estate news:
"I want to cause a sea-change in the mentality of the US. I want
people to see that mortgage debt is destructive, with no benefits at
all, except for bankers. Mortgage debt just drives up prices and
enslaves workers to their bosses. If we all paid cash for houses, or
rented, we would be more prosperous, more free, and happier."
|
| More Articles on the Housing Market:
The Great Repression, by
Niall Ferguson (February 28, 2009). Ferguson on the only real
solution to the financial crisis, one that the Obama team will come
around to when all else has failed.
Depression in the East Points the Way for the Rest of the World,
by Larry Elliott (The
Guardian [UK], February 26, 2009)
What Is Your Home
Worth? Both Less and More than You Think,
by Sharon Astyk (December 16, 2008)
A Word of Advice in a Real Estate Slump: Rent by David Leonhardt
(New York Times, April 11, 2007)
Crisis Looms in Mortgage Markets by Gretchen Morgenson, March
11, 2007.
Un-Real Estate by James
Grant, April 2005
Housing bubble in
New England (Dean Baker, Center for Economic and Policy
Studies, Jan. 5, 2003)
"These are perilous times for asset
markets ...." (Ian Campbell, UPI, Jan. 30, 2004)
|
"House of Cards: US, UK Home Prices to Decline Dramatically in
Next Few Years."
See
The Economist's survey of May 29, 2003
|
|
"Mortgage Markets Are Out of Control," New York Times, August
17, 2003
|
| Co-buying: One
solution to the high cost of housing in the Valley?
|
| Considering an adjustable rate mortgage? It may be
a risky proposition. See Homeowners Urged
Caution on Hybrid Loans
|
| For the effects of skyrocketing home prices on
communities, see an article by Rebecca Solnit,
Hollow City (as computer money flows
into San Francisco, the quirkiness and creativity drain out). A
cautionary tale for Northampton and other Valley towns.
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| |
Western Mass. Bike Paths and
Trails
-
Ashuwillticook River Trail [DCR
GIF map]
- Running 10.5 miles from Lanesborough to Adams along the Hoosic
river, parallelling, but far from Route 8, this path is the anchor
for a north-south route from Vermont to Connecticut. The first 5
miles north of Pittsfield opened August 27, 2001, and construction
of the rest was finished in 2004. Moves are afoot to extend the path
in both directions, to downtown Pittsfield on the south--it just
hits the northern border of that city now--and North Adams to the
north. The current northern end, at the Berkshire County Visitors in
Adams, is easiest to find. There is more information on the
Berkshire Bike Path Council web site.
-
- Keystone Arch Bridge Trail
- The 2 mile long KAB trail's signature features are massive
granite arch railroad bridges built in 1839 with no mortar. Bikes
are OK, though a popular way to travel is to hike in, and float on
tubes back to the start. The trail is maintained by a volunteer
group, Friends of the Keystone Arches, PO Box 276, Huntington, MA
01050. A trail map is available for a small donation.
-
-
Manhan Rail Trail
- This 4.2 mile multi-use recreational path stretches from South
Street in Easthampton, MA to Mt. Tom Junction at the Route 5 CT
River boat launch, with a connecting on-road bike lane to downtown
Northampton. The trail will eventually connect with the
Norwottuck Trail to Amherst and the
Northampton Bike Path to
Williamsburg.
-
- Northampton Bike Path [MHD
PDF map]
- This 1.75 mile paved path is on a section of the same abandoned
right-of-way as the
Norwottuck Trail, but there is an intervening piece of active
rail between them. The right-of-way continues westward, where there
is an effort being made to extend it through
Williamsburg, Mass.
-
-
Norwottuck Trail [DCR
GIF map] [MHD
PDF map]
- This nine-mile-long bikepath connects Amherst and Northampton,
through Hadley, paralleling MA Rt. 9 and avoiding that heavily
traveled road. With its own bridge over the Connecticut River, it is
the western end of the abandoned Central Mass. Railway line, the
eastern end of which is being considered for a Waltham to Hudson
trail. A group in Belchertown is working on extending this path
eastward, and there is a possible connection to a Connecticut Valley
bikeway to New Haven, CT, on the Northampton end. A connection to
the UMass. campus has been built.
Pete's
Drive-In in Hadley has a web page touting its trail access.
There is an
on-line
history of the local Native Americans after whom the trail was
named. Check out this
survey of
abutters in Hadley.
-
- UMass Connector
- This is a 2-mile connection between the
Norwottuck Trail and the Amherst campus of the University of
Massachusetts.
Proposed Western
Mass. Bike Paths and Trails
-
-
Berkshire Bike Path
- The Berkshire Bike Path Council is working on a countywide
effort to create a path from Vermont to Connecticut. They are
working on building community support in Pittsfield and working with
the Ashwillticook path and the town of Adams.
-
-
Franklin County Bikeway [map]
- The Franklin County Commission is reviving and updating a 1985
plan for a bikeway through six Franklin County communities:
Deerfield, Erving, Gill,
Greenfield, Montague (the villages of Turners Falls and Montague
City), and Northfield. Its 22.7 mile length primarily consists of a
loop through Greenfield, Deerfield, Montague, and Gill, with a spur
south to Historic Deerfield, and a spur north to the Northfield
Mountain Recreation and Environmental Center. Including a
combination of bike paths, bike lanes and bike routes/shared
roadways, it provides access to employment, educational, cultural
and recreational sites, and the scenic banks of the Connecticut,
Deerfield, Fall and Green rivers.
-
-
Greenfield Bikeway
- The Greenfield Bikeway Committee is creating a system of
shared-road bike routes and off-road bike paths to link "schools,
businesses, residences, and other points of interest around town."
-
-
Highland Division Rail-Trail [map]
- In 2000, the City of Springfield received a grant to design the
trail and hired Greenman-Pederson to prepare the engineering and
design of this 1.7 mile project from Watershops Pond near
Springfield College to the East Longmeadow line. The abandoned line
runs a total of 12.5 miles to Hazardville, CT.
-
-
Mass. Central Rail Trail
- This right-of way runs from Williamsburg in the west to
Cambridge in the east, much of the way across the state, including
the existing
Northampton and
Norwottuck bikepaths. Eastward extension has been stopped by
opponents in Belchertown. Westward, it has been delayed by opponents
in
Williamsburg.
-
- Pittsfield Bike Path
- A movement to build bike paths across the City of Pittsfield is
growing.
-
-
Southwick Rail/Trail [map]
- This 6 mile long rail trail would extend the
Farmington
Valley Greenway into Massachusetts. See
this map for other proposed projects in the area.
-
-
Williamsburg Bike Path [pictures]
- The path will connect to the
Northampton Bike Path at Look Park and follow a rail
right-of-way along the Mill River to the Haydenville Line. There the
Williamsburg section begins. The trail will follow the Mill River
until it reaches Route 9. A Bike Path bridge will span Route 9,
allowing the trail to continue along the railroad bed as it crosses
High Street and parallels Route 9 about 100 yards from the street.
The railroad bed ends at Kellogg Road. There the trail will go along
the edge of Route 9 for a while, then curve behind some shops and
hug the riverbank until it ends in Williamsburg center. At some time
in the future the Mill River bridge may be rebuilt, allowing foot
and bike traffic to cross the river at that point. There has been a
lot of opposition to this trail, but the proponents have worked hard
and are raising private money to proceed.
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