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robertogreco : danielgorfine   1

The Real Estate Deal That Could Change the Future of Everything - Neighborhoods - The Atlantic Cities
"Why can’t you be an investor in one of our deals? You live nearby, you’re young, you get it. Why is it that you don’t have this option? That’s unnatural, almost."

"Most American cities as we know them today weren't built this way. Historically, hotels and restaurants and shops were built by local people investing in their own neighborhoods."

"The history of modern financial investment has been the story of people and their money moving farther apart into abstraction, to the point where most of us don't know where our investments (if we have any) have gone. But shorten the distance between those two points, and things start to change. Put your money into a building you can see in your neighborhood, and suddenly you might care more about the quality of the tenant, or the energy efficiency of the design, or the aesthetics of the architecture. This proposition is like "Broken Windows on steroids," Ben says."
local  benmiller  danmiller  westmillcapital  chrisleinberger  regulation  kickstarter  danielgorfine  realestatedevelopment  community  communities  investment  sec  willsharpe  erikbruner-yang  tokiunderground  maketto  washingtondc  hstreetcommunitydevelopment  crowdinvesting  crowdfunding  ericgarcetti  neighborhoods  cities  development  economics  economy  finance  realestate  dc 
november 2012 by robertogreco

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