Month: May, 2005

Clawback and its limitations

31 May, 2005 (14:18) | Uncategorized |

From the world of professional football …
 
 
Around the world, three kinds of footballs …
 
… comes a tale of contract renegotiation with useful metaphoric lessons about the challenges of harnessing the rogue critter homo developerus into the business of delivering long-term affordable housing, and about the use (and limitations on use) of recapture of money, or […]

GSE regulation: read the menu!

30 May, 2005 (10:43) | Uncategorized |

No sooner had the credit-taking begun for the House’s 65-5 report-out of a GSE regulatory bill (to hear the Washington trade associations tell out, each of them single-handedly changed the course of history) than it was matched by the virtually parallel carping about exactly the same legislation:
 

The Wall Street Journal, never one to miss a […]

Legislation has terrible penmanship

29 May, 2005 (11:56) | Uncategorized |

To understand the cacophony emerging from the Beltway word factory, you must realize that most legislation is written by Ouija board,
 

All too often, Congress says “good bye.”

 
… with everyone pressing as hard as they can on the statutory planchette
 

 
… in hopes of shoving it more their way than someone else’s.  With all that opposing […]

Translating broker into English

28 May, 2005 (11:46) | Uncategorized |

Just for fun, a quickie: from the Boston Globe, a helpful (and funny) guide to translate broker-speak into English …
 
 
Standard Realtor purchase and sale form, in triplicate
 
… with nuggets like these:
 
Must see: The outside may be ugly and the location bad, but the inside is nice.
Motivated seller: Make an offer. The seller is eager […]

Hulk sweet hulk

27 May, 2005 (08:48) | Uncategorized |

Care for a little meandering journey into unusual housing configurations?  A little fable that makes a very modern point?  Even if it does go quite far afield to do so?
 
What does constitute a home, anyhow?  And what makes it not just livable but appealing? 
 

Much of what makes housing appealing in the short term is […]