which he has done, - and which is now thriving. - it s in harlem, right? alex: north harlem. right across the street from city college of new york. and emily s doing well here in the valley. she graduated from loyola marymount, and tried a few things. party planning and decided that she likes designing houses and renovating houses. so, she s buying fixer uppers and fixing them up. they are universally liked by their friends. they have maintained friendships with their high school buddies. and i think that s that s just marvelous. it s a sign that maybe jean and i handled things properly. i had the afro. i had the mustache, and a very dark tan.
which he has done, - and which is now thriving. - it s in harlem, right? alex: north harlem. right across the street from city college of new york. and emily s doing well here in the valley. she graduated from loyola marymount, and tried a few things. party planning and decided that she likes designing houses and renovating houses. so, she s buying fixer uppers and fixing them up. they are universally liked by their friends. they have maintained friendships with their high school buddies. and i think that s that s just marvelous. it s a sign that maybe jean and i handled things properly. i had the afro. i had the mustache, and a very dark tan.
which he has done, - and which is now thriving. - it s in harlem, right? alex: north harlem. right across the street from city college of new york. and emily s doing well here in the valley. she graduated from loyola marymount, and tried a few things. party planning and decided that she likes designing houses and renovating houses. so, she s buying fixer uppers and fixing them up. they are universally liked by their friends. they have maintained friendships with their high school buddies. and i think that s that s just marvelous. it s a sign that maybe jean and i handled things properly. i had the afro. i had the mustache, and a very dark tan. i appeared on the dinah shore show.
buildings. they ve improved residential. and they have come so far. three years ago, forbes called them one of the greatest dying cities in america. today the president is talking about them in the state of the union. they have turned the corner. this actually worked. i m happy to take you all with me to see it. morgan, could this not only turn communities around, but really create jobs? you know, i love that concept, but it s a day late and a dollar short. we re already seeing the private market all over this. about $10 billion estimated by jp morgan from the private sector going into these projects already. we lost 2 million construction jobs in the down turn. we ve soon 300,000 add. if you look where they ve been added, that s in new home construction and it s in trade contractors. so we re talking about remodeling and maintenance of buildings already existing. you want to create jobs? create jobs around infrastructure because those are the construction workers that are still ou
it s incredible. pettyway and her natural son, who is 13, haven t been seen or heard from since at least tuesday. gregg: julie banderas, thanks very much. homeowners are facing a bit of a dilemma on whether to take out a home improvement loan for all those fixer uppers. interest rates are certainly low, but so are the home values, meaning your investment could be a bit of a gamble. money magazine takes a closer look at this and says go for it. the magazine offering a six reasons why invest not guilty your home will pay off and here is amanda, a writer for money magazine. always great to see you. let s go through these six because i found them very helpful since i m doing a little fixing up myself. number one, funding is cheap. what do you mean? as you just said, gregg, interest rates are so low and that s true for home equity lines of credit as well. borrowers only pay 4%, maybe 5%