Developing Affordable Housing Ecosystems World Wide
Once again we salute the Boss, who has with exemplary tolerance indulged my tramps through:
New council housing in Italy,
Affordable housing in Burano, Venice
Middle-income neighborhoods in Cairo,
Tombs with no view in Egypt,
Almshouses in England,
Almshouse, built 1580, Rochester, Kent
Almshouse, built 1990, Canterbury, Kent
Some of the world’s earliest cities,
The world’s first apartments, insulae in Roman towns, [...]
Our vision of the evil banker is one who will not lend,
but the real evil mortgage banker is he or she who entices an applicant into signing a note he or she cannot repay, and then exits stage left, clutching origination fees, as revealed in this Boston Globe story:
The state has shut two licensed [...]
[Continued from yesterday's Part 1.]
Yesterday we saw that, as the Economist cogently pointed out, home prices are in some sense a pricing construct of what home buyers can afford to pay to own them, so even though prices have risen relative to incomes, that’s because carrying costs have dropped with lower interest rates. So that’s [...]
Amid all the journalistic fluff and lather about housing bubbles, signifying nothing, trust the Economist to lay out the whole story in under a thousand words, throwing in a primer on house pricing along the way:
DURING the past decade Britain’s housing market has had its most sustained boom in post-war history. Between 1997 and [...]
Just as the march of civilization has always been coldward and stormward, so too is the inexorable march of markets information-wards and choice-wards, as illustrated by this Washington Post article:
Pepco Holdings Inc. is planning to install “smart meters” in 2,250 District homes as part of a $2 million pilot project to give Pepco more information [...]
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