Letter: The Cargill Saltworks Proposal Is Too Vague

Dear Patch Editor:

In Chapter 2 of their best-selling book, Freakonomics, Levitt & Dubner discuss residential real estate agents’ selling techniques. It turns out that when real estate ads use vague adjectives and descriptions, the homes sell for less. When real estate ads are specific, the homes sell for more because they have more intrinsic value. 

Where have I recently been hearing vague adjectives and lack of specificity regarding real estate? On the Cargill/DMB proposed project in the Bay. They have no pictures of actual housing units, no specifics on square footage or price  DMB representatives even concede that no one really knows yet how the project will look so it is premature to comment. Is Cargill/DMB’s vagueness cause for concern? Should Redwood City residents trust these tactics?

-Kaia Eakin

Redwood City resident