Postscript
There is more good reporting (and writing) this week in the Reporter from Corey Pein,
who provides a context for the Zocalo auction that has been missing from the dailies. His article, which includes scenes from a so-called “practice auction” by Kennedy Wilson, the company handling the Zocalo sale, explores the possibility that selling unwanted condos to the highest bidder is primarily a variation on the subprime game — a way to suck in barely qualified buyers and lock them into onerous (and profitable) mortgages.
Another impressive piece of journalism comes from Kiera Hay in the Journal, who inquires into the city’s $450,000 investment in something called “creative tourism.”
George Johnson
The Santa Fe Review
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This was written by
George Johnson. Posted on
Thursday, October 1, 2009, at 6:20 pm. Filed under
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