Who woulda thunk that that the future of the two were related? So says the Financial Times:The rapid expansion of biofuel production may be welcome news for environmentalists but for the world’s beer drinkers it could be a different story.Strong demand for biofuel feedstocks such as corn, soyabeans and rapeseed is encouraging farmers to plant these crops instead of grains like barley, driving up prices….The USDA expects US barley acreage over the next 10 years to remain flat. That might not be the case for the price of beer.The USA Today reports that subprime mortgages may be the worst threat to the market. If biofuels may influence the future of the beer industry, what industries might the subprime mortgage sector touch?Who doesn’t love unintended consequences?
Browsing Category sideblog
Call Jim Duncan with your Charlottesville real estate questions
I don’t add widgets or sidebar stuff very often…. If you have a real estate questions, give me a call by clicking on the button below or on the main page. Chances are, I’ll take it out sooner rather than later, but, you never know until you try. Thanks to the Trulia blog for the heads-up.
Monopoly in Wintergreen?
Thanks to the HooK, I saw this story in the DP…. At the very least, this should prove interesting. If partnering with Wintergreen is a monopoly, might this have ramifications with developments (not location-specific) that say “exclusively marketed by” whereby the implication is that buyers must use that company if they want to see the development? Wintergreen is a very different market than Charlottesville, but I didn’t foresee this coming.Update: Jennifer gives us the attorney’s point of view.
Neal Boortz coming to Charlottesville
Sweet. Despite NAR’s opposition to the FairTax, it’s a good idea. Mark your calendars for 21 and 22 March, during the Virginia Festival of the Book.*A quick Google blogsearch reveals that Rick was in fact the first to mention Neal’s arrival.
Are condos a good investment?
Seeing as how I come up first in this search – Condominium Investment is good in Charlottesville, VA – I ought to have an opinion…. If it is a conversion, I am more concerned with what percentage of the units have sold already than I am with a new development. Right now, there is one “student condo” targeted at University of Virginia students that looks promising, and the product they are delivering, while corporate, has proven successful elsewhere. Each client’s investments goal(s) is different and it is impossible to say either “condos are good” or “condos are bad;” each development warrants careful analysis and due diligence.
Local wiki comes to Charlottesville
How ’bout that? (hat tip: Dave Donohue) One (of the many) thing that differentiates Charlottesville from many markets is the connectivity and interaction of the community. I am curious to see how this local wiki grows.
Heard on CNBC this morning.
Regarding real estate and new home numbers:”Demand varies week to week and according to local markets.”