Friday, February 08, 2008

The things you learn from the Morning News

Two stories stand out.

There's this detail about all the new condos being built downtown: "Many potential buyers who could have acquired a townhouse in 2006 or early 2007 can no longer obtain mortgages, said Mike Puls, a housing analyst with Foley & Puls Inc. 'The target market was buyers who spent a lot of their income on a house and had no credit,' Mr. Puls said." So there's a lot of unsold homes.

Then, evidently, our HOV lanes aren't working: "'We've got our share of complaints," TxDOT Dallas spokeswoman Kelli Petras said. "We get e-mails every day telling us we are ignorant idiots.'" So the lanes only attract about half the drivers they were built for.

Is there a common thread here? Does it have something to do with accountability to the customer or end-user?

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