And now, a moment with Mr. Burns

Posted in The Market on Sep 08, 2005

Talk about your misplaced priorities: A New Orleans real estate mogul told the Wall Street Journal, “I am bullish, very bullish on New Orleans,” presumably while wringing his hands with cartoon dollar signs in his eyes. He believes that the number of condemned commercial buildings in downtown NOLA will shrink the amount of available office space, thus increasing rents and hastening his descent into hell. Call this today’s proof that the real estate boom really has driven some people crazy.

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