Too big to fail?

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FWIW’s Norwich corespondent sends along this link to a WSJ article on the declining attraction of large homes.

Large, high-end homes across the Sunbelt are sitting on the market, enduring deep price cuts to sell.

That is a far different picture than 15 years ago, when retirees were rushing to build elaborate, five or six-bedroom houses in warm climates, fueled in part by the easy credit of the real estate boom. Many baby boomers poured millions into these spacious homes, planning to live out their golden years in houses with all the bells and whistles.

Now, many boomers are discovering that these large, high-maintenance houses no longer fit their needs as they grow older, but younger people aren’t buying them. 

Tastes—and access to credit—have shifted dramatically since the early 2000s. These days, buyers of all ages eschew the large, ornate houses built in those years in favor of smaller, more-modern looking alternatives, and prefer walkable areas to living miles from retail.

It’s not just happening in retirement communities.

Because we've created a target rich environment by refusing to lock our cars

Take me, I’m yours

Take me, I’m yours

Car thefts decline in our cities as the punks move to easier turf, like Greenwich.

The suburbs of central Connecticut are now the “hot spot” for car thefts, while authorities in nearly every major city are seeing fewer vehicles stolen, according to a preliminary report released Thursday to the Juvenile Justice Policy and Oversight Committee.

Committee members including Rep. Toni Walker, D-New Haven, called for an examination of car thefts and juvenile car theft arrests a few weeks ago after a lengthy public hearing on HB 7332, which would allow courts to automatically transfer juveniles charged with committing a car theft to adult court based on their criminal history.

The issue has pitted juvenile justice advocates against police, who say their towns are being whacked with an increasing wave of car thefts that they believe have escalated since the state raised the age for youth to be classified as “juveniles” to 17 in 2012.

Since then, suburbs have been increasingly plagued with car thefts, especially unlocked vehicles with key fobs left inside the car.

Car theft decreased in Bridgeport, Hartford, New Britain, and New Haven by more than 38 percent from 2008 to 2017, according to the report drafted by Ken Barone, project manager at the Institute for Municipal and Regional Policy at Central Connecticut State University.

At the same time, car thefts are up by close to 21 percent in the state’s suburbs with populations up to 25,000. The highest concentration of car thefts has moved from the New Haven area to the Interstate 91 and 84 corridors in the central Connecticut suburbs, Barone said.

About 55 percent of the people arrested for car theft in Glastonbury are under the age of 18, said Glastonbury Police Chief Marshall Porter, who is on the committee. “We have a small group of juveniles committing 90 percent of the crimes.”

Barone wants to cull information on where the cars are ending up after the vehicles are stolen. But several committee members wanted to collect data on what was happening in a kid’s life when he opts to steal the vehicle.

“Locking them up is not the answer,” said Rep. Robyn Porter, D-New Haven. “Let’s find out why they are choosing to do bad things.”

LOL

Long lost law school friend weighs in

I’m honored: smartest kid in our class, I had no idea he was reading this blog. Regarding the Sound Beach Avenue apartment project, he points out:

You could advise your readers that if it is a settlement it still will need to go to Superior Court for approval under state statutes. Neighbors  could go object then and decry lack of notice of settlement before P&Z last Tuesday.  Not sure what court does with it but  if they hit right judge they might get a hearing at least. 

There’s a least one lawyer I know of who lives on the adjacent street, and I’m sure he’s fired up, but for sure, we haven’t heard the end of this. Mind you, I don’t necessarily think that a modest apartment building on the lot is a bad thing, but the process by which it was approved seems dark.

Riverside plugs along

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25 Druid Lane, $3.195 million, is under contract after just 23 days. Take away house inspections and subsequent lawyer to-and-fros, and I’d guess that the buyer surfaced, and bit, the first week this house appeared.

Seller paid $2,932,100 when it was new in 20012, so appreciation will be nil, but calculating rental value, I’d say he made out very well.

Hell of “mud room: to greet the kids,

Hell of “mud room: to greet the kids,

Greenwich Boys Club employee "raped boys hundreds of times"? Good Lord

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That’s what the law suit claims, and given what’s turning out to be true these days, it’s probably fair to suspect the worst.

I’m surely not the only older man (65) who, missing a grandchild, would like to mentor a young boy or girl; take them fishing, hunting, even accompany them to the library and help them select a book. But there’s no way on earth that’s possible these days, and I blame these perverts for that.

Sad.

What I've missed from failing to follow mainstream media the past couple of decades. Lawrence Tribe's descent into crazed senility

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This guy was a respected constitutional scholar back in the 1980s, but now he’s just a whacked-out conspiracy spouter. I haven’t read Newsweek since, I’d guess, college in the 70s, so I was astonished, when Duck Ducking Lawrence Tribe, to discover that he’s a regular contributor to the magazine (surprised to learn that it still exists, actually), and he seems to have a rabid following. I’d thought I was keeping up, sort of, with modern culture by prowling the Internet, but I’ve obviously been missing a huge portion of the crazies out there.

Here, he claims that Trump will stage some sort of coup and remain in office if he loses in 2020.

Last week, he claimed that we’ll be going to war with Iran so as to benefit Trump’s son-in-law.

The top link to a Daily Caller article cites many crazed accusations, all later disproved, about conspiracies involving Saudis, Russians, Mike Pence’s impending indictment, etc. What shocks me, though, are the comments to the Newsweek articles I’ve lined to: there is apparently an audience of readers who believe this stuff, and, I suddenly realize, probably comprise half the nation.

Whoo, boy, are we in for a fun time.