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Nov 25, 2014
Not so prime real estate: Closing a golf course brings tax penalties, angry homeowners
Thirty years ago, Robert “Doc” Graves glanced confidently at the white ball by his feet. Whack! The ball flew more than 300 yards, landing neatly on the green. Graves had four eagles that day and he set the course record at the Ahwatukee Lakes Golf Course in Phoenix. Forty-nine strokes, 11 under par. Today it’s a trashy, weedy wasteland, the victim of demographic shifts, climate change and [...]
Nov 25, 2014
Bumpy ride: Turmoil in housing industry translates into a tepid state economy
Despite efforts by policymakers to diversify the state’s economy, Arizona still rides on the boom and bust of the housing industry. And when this sector is inactive, its silence – and all the troubles that entails – reverberate throughout the state.
