Developing Affordable Housing Ecosystems World Wide
(Index of my Fannie Mae blog posts here.)
At today’s Senate Banking Committee hearing, the big GSEs (Fannie Mae and Freddie Mac) will seek to cooperate with the inevitable (tougher regulation) but stave off draconian subservience to a proposed new Federal Housing Finance Agency director and sharp limits on their ability to grow their balance sheets [...]
Last week the Administration released its proposed restructuring of Section 8, the “Flexible Voucher Proposal,” a subtitle in the hopefully named “State and Local Flexibility Act of 2005.”
Our lengthy analysis of the FVP — – has now been posted (link in .pdf) on
Recap’s Web site.
The FVP proposal addresses the Heisenberg Funding Uncertainty Principle by [...]
Section 8, like any form of resident income subsidy, has both a people component (number of households served) and a money component (total cost in annual appropriations). Just as Werner Heisenberg’s quantum-mechanics Uncertainty Principle demonstrated that one could specify a particle’s location or its energy but not both, we can make a similar statement about [...]
In spring, while a young broker’s fancy lightly turns to thoughts of commissions, the home market heats up, as it runs on a circadian cycle, with enormous activity and anticipation in the spring.
Are we in a bubble? When will a bubble burst? What are the indicators? You can always find a pessimistic economist (not for [...]
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As Henny Youngman said, “compared to what?”
Born in < ?xml:namespace prefix ="" st1 />Liverpool, moved to the Lower East Side,
origin of the tenement …
With stock market yields flat and interest rates low, prices on income-producing property are continuing to rise, at least in supply-restricted markets like our endlessly entertaining [...]
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