3.04.2008

Eco Terrorism?

Or insurance fraud?
There’s a part of me that suspects that it was actually just an insurance job. Here’s why: The ‘Street of Dreams’ was in June. And not a single house has sold yet. Each one is about $2M. And the market is only getting worse. If I were a developer… a $7M insurance payout would help a lot.
As usual, high-end real estate burns and right-wingers shout "eco-terrorism!" But they have been wrong before. What's certain is anyone could spray-paint the letters ELF on a sheet.