Affordable Housing Institute : US

 
… without whom AHI would never have become possible.

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From Gotham City comes another episode of “Spot the Good Guy” as a landlord and tenants battle over that question:
 
 
Tenants of a rent-stabilized building at 47-49 East Third Street in the East Village; the building’s tenants are fighting a decision by their landlords, Alistair and Catherine Economakis, not to renew their leases.
 
Although judicial uncompensated rent […]

Sustainable affordable housing always has a cost-value gap.
 

Regardless of location.
Regardless of configuration.
Regardless of tenure.

 
 
As discussed in my other primer posts, because of the Law of Economic Gravity, in unregulated markets supply and demand will be roughly I equilibrium.  As applied to housing, in a pure market there will be enough market-quality housing to satisfy market […]

So far, the financial disquisitions of Sherlock Holmes on housing finance include:
 

The four kinds of money
Soft debt: the Curious Case of the Kindhearted Banker
Soft equity: the Banker Street irregulars
Hard debt: Archimedes’ Thumb
Hard equity: the Adventure of the Six Simoleons

 
And stay tuned, boys and girls, there will be more thrilling Holmes posts to come!
 

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Though the Bible says, “Neither a borrower nor a lender be,” for Americans that has long been taken as an admonition rather than a command.  Not so for many Muslims, who find the Koran’s strictures against not just usury but also borrowing forced them to choose between their faith and their home, as this insightful […]