The controversy concerning  country music star John Rich’s new very tall home continues. 

 

Seems Metro is responding with an ordinance limiting house height primarily because of this case. 

 

But there’s more to this seemingly innocent controversy than meets the eye.

 

John Rich, half of the country duo Big and Rich, has made it  very big here in Music City; no small feat.    There are literally thousands of would-be’s crowding our streets doing everything from parking cars to  waiting on   tables in anticipation of the huge country break.  Often it never comes.

 

He wants to build his dream house.  Okay.  He’s earned it. 

 

We covered that with an earlier post.  (See  Property Rights vs. Pickled-Puckered Neighbors  January 9, 2007).

 

But the real problem here is what is termed “out of character for a neighborhood”.  That’s when developers swoop in, do massive tear-downs and scrap-offs and literally turn quiet staid neighborhoods into piece meal McMansionvilles literally overnight.

 

Well, people are fed up.

 

I hate to say this, but my beautiful hometown of Nashville has become a eyesore. Nothing matches.  It’s not symmetrical anymore.  I thought I’d never ask for her help, but we do need some “Marthizing”, by  irritating décor diva Martha Stewart.  We’re desperate.

 

Which leads me to my next point.

 

How much is too much?

 

Apparently Nashvillians are deciding on that issue now.  Zoning is about to get stricter.

 

I really don’t want that either.  I don’t like the idea of Metro telling me where and what I can develop… and how.  That’s scary and dangerous too.    

 

But some developers have gone too far.  Many  don’t have what we used to politely refer to as good taste.  And there is always a point of no return. Enough bad junk is enough.

 

But as I’ve pointed out before the market generally takes care of these problems.  Those giant McMansions are not selling so well anymore.  I’ve watched several of the expensive ones (half-million range) closely and they have lingered on the market for months now.  That only means one thing and as real estate investors we know what that is.

 

Loss of profit.

 

 

 

 

Popularity: 100% [?]

Related Websites

• I Will Teach You To Be Rich Review and Giveaway *This giveaway is now closed* I recently had the pleasure of reading I Will Teach You To Be Rich, the book, by Ramit Sethi and I have to say first thing that this is the best personal finance book I have ever ready. About the author Ramit is a......
• Sarasota Foreclosures Reveal John's 3 Home-Buying Mistakes! (podcast) Sarasota real estate agent Mike Payne provides FREE podcasts for your eduTainment - please leave your comments, questions and/or suggestions below! [/caption] Enjoy this short podcast.... For more information, click the link. Sarasota Foreclosures Compound John’s 3 Home-Buying Mistakes! Description: Sarasota real estate exposes 3 common but costly home-buying MISTAKES,......
• Eau de Tubéreuse (Tuberose) by Le Jardin Retrouvé Review Continuing to sample Le Jardin Retrouvé’s scents passed on to me from cpf via LJR. The flower scents: Citron Poivré (Spicy Lemon), Eau de Tubéreuse (Tuberose), Jasmin (Jasmine), Verveine (Verbena), The Lys (Lily), and Chèvrefeuille (Honeysuckle). I will do the roses in a separate category. Eau de Tubéreuse (Tuberose): A......
• Get Rich, Stay Rich, Pass It On: A Mini Review Catherine S. McBreen and George H. Walper Jr.'s book may be misleading Every now and again, publishers sense me books to read. More often than not it takes me a long time to read them. I was sent Get Rich, Stay Rich, Pass It On: The Wealth-Accumulation Secrets of......
• Top 10 Travel Destinations of 2010 [/caption] Every year the travel book supergiant Lonely Planet releases its list of the coming year’s top travel locations, from new trends, to the classic vacation spots that have always been popular with tourists. Their top 10 list of the best destinations of 2010 held some a few surprises, and......