Category: Other

Housing Prices, Bubbles and Irrationality

Interesting discussion on booms and busts in the real estate market:

“Developers and builders will, one way or another, exploit overpricing, increasing effective supply, in that way bringing real estate prices down.”

Grizzlies Acquire Matt Barnes in Another Move

The Luke Ridnour era is over. A day after the Grizzlies traded for the 34-year-old point guard, they have turned around and shipped off Ridnour to Charlotte for 6-7 forward Matt Barnes, according to Yahoo’s Adrian Wojnarowski.

Barnes, 35, averaged 10.1 points, 4.0 rebounds and 1.5 assists last season for the Los Angeles Clippers. Barnes made 36.2 percent of his 3-pointers, the second-best mark of his career. The Hornets acquired Barnes, who will make $3.5 million this season, in a trade earlier this month. Only $1 million of his contract is guaranteed, according to reports.

Marc Stein of ESPN said the Grizzlies will keep Barnes and that means fans will have an adjustment to make. Barnes played the last three seasons with the Clippers, perhaps the team Grizzlies fans most love to hate. While Barnes never received boos at the level of Blake Griffin and Chris Paul, he was, well, annoying. He scored a playoff career-high 30 points on May 3, 2013 as the Grizzlies defeated the Clippers 118-105 at FedExForum to close out their first-round series.

The Grizzlies actually drafted Barnes with the 46th overall pick in 2002, but he was part of the trade with Cleveland that brought Wesley Person to Memphis.

Barnes first played for the Clippers, during the 2003-04 season, and also has played with Sacramento, Philadelphia, New York, Golden State, Phoenix, Orlando and the Lakers.

Barnes holds career averages of 8.1 points, 4.5 rebounds, 1.7 assists, with a 3-point shooting percentage of 33.8. 

– Don Wade 

Former Grizzlies Star Gay Selling Memphis Home

Former Memphis Grizzlies star Rudy Gay is trying to unload his Memphis mansion.

Gay, now with the Sacramento Kings, has listed his 8,373-square-foot home – yes, you read that right – in Galloway for $2.2 million, according to

The four-bedroom home features five full bathrooms and two half-bathrooms. This custom home overlooking Galloway Golf Course has an amazing master suite with adjoining sitting room and fireplace, luxurious master bath, spacious custom closets, and attached nursery/office with full bath.

If you want to see how an N.B.A. star lives check out the photos here.



Hnedak Scholarship Winners Hit Europe

You might remember Branden Canepa and Thor Harland, the Hnedak Bobo Group team members who won the inaugural Gregory O. Hnedak Travel Scholarship.

We wrote about them here back in January.

Well, Canepa and Harland have touched down in Europe and they’re blogging about it.

Canepa will walk a portion of El Camino de Santiago, the ancient pilgrimage route that winds its way to the tomb of St. James in Santiago de Compostela.

Harland is travelling through London and Paris to study the interplay between history and progress in design, how the old and new mix together in the built environment.

You can follow the pair’s adventures on their blog, where they’ve already posted some updates and great pictures. You can also follow along on Facebook.


Indie rockers follow their ‘Last Song to Memphis’

The Bluff City’s musical je ne sais quoi is center stage in “Last Song to Memphis,” a 9-minute video postcard featuring indie rock band The Black Cadillacs.

The video, posted on TNVacation’s YouTube last week, documents the five-piece rock band’s road trip to Memphis – a trip home for several of the members – as they looked for inspiration to finish their new EP at Ardent Studios.

At Ardent, the band speaks with Flaming Lips guitarist Jake Ingalls, who sums up his experience this way:

“… People start to ask you why you started playing music, and growing up in Memphis you kind of think, ‘How could you not?’”

Watch it for yourself …

P.S. You can buy the new EP on iTunes.