Developing Affordable Housing Ecosystems World Wide
Even as the rest of the world is urbanizing, so is the United States — and in America’s case, our urbanization is striking: it’s coastal, as revealed in this remarkable graphic from the USDA’s Economic Research Service:
Set aside the gray-blue areas, which are already urbanized. What’s the trend? Where are people moving?
The [...]
What does a business do when it’s losing money, has exhausted its internal cash reserves, has cut its operating expenses to the bone, and cannot raise capital? Aside from insolvency, there’s only one thing to do: start selling assets.
It’s either the silver or the chateau
That predicament now confronts the New York City Housing Authority, [...]
[Previous months in review available here: Apr 07, Mar 07, Feb 07, Jan 07.]
May opened with a continuation of my multi-part series on economic growth and housing affordability in Turkey, which ran in parallel with a sudden major constitutional crisis that flared up just after I left:
“We want David back! We want David!”
And about which [...]
[Continued from yesterday's Part 1.]
Yesterday we saw that Federal Reserve Bank president Bill Poole of the St. Louis Federal Reserve analyzed changes in financing affordability as the GSEs were pounded from pillar to post by accounting shocks and regulatory edicts. He found that despite shocks from all directions, affordability never changed. But maybe [...]
Tiptoeing toward the markup
As Congress moves slowly [They'd say deliberately! -- Ed.] toward enacting a GSE reform bill, left unvoiced is the question, Are the GSEs worth the government help we give them? As I’ve previously posted, the GSEs’ fundamental policy value equation has three elements:
ยท [...]
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