Affordable Housing Institute : US

“England and America are two countries separated by a common language.”
George Bernard Shaw
 

“And it takes an egocentric expatriate Irishman to tell them so.”
 
Aside from my ongoing enormous affection for the UK and all things English, I’ve spent quite some time both studying their housing finance ecosystem and proposing additions thereto such as tax credits and […]

 [Continued from Part 1.]
 
Pilot programs are useful for another reason: they bring out the enterprising.  Ms. Gwinn isn’t the only self-taught entrepreneur who was attracted:
 
Edward Kostyra, a sportswear manufacturer who also dabbles in real estate, bought the house through HomeWorks for about $515,000 in 2002, at a time, he said, when half the brownstones on the […]

Asks the old joke, who’s a pioneer?

A guy face down in a puddle with an arrow in his back.
 

As we remember hurts longer than pleasures, so often in our retrospective reviews of housing and urban redevelopment programs we focus on the failures and ignore the equally challenging public-policy question: what happens when […]

Send post as PDF to

[Continued from yesterday’s Part 1 and the preceding Part 2.]
So far we’ve had four physical market trends, and four capital market responses. That in turn led to four principal public-policy principles:
 

9. Rigid divisions give way to mixing: use, tenure, and income. Back in the […]