Month: September, 2007

Mixing up an affordability cocktail

14 September, 2007 (09:34) | Local issues, Markets, Public housing, US News | No comments

Because affordability always costs money, and the local resource menu is limited, often an innovative locality has to use several different programmatic interventions in an overall strategy:
 

I like my tenure mix shaken, not stirred
 
– as illustrated by this enterprising effort described in the Atlanta Journal-Constitution:
 
The Atlanta Housing Authority announced a program Wednesday to provide up […]

Get out your hatchets: Part 3, the kernels?

13 September, 2007 (08:53) | Markets, US News | No comments

 [Continued from the previous Part 1 and Part 2.]
 
So far, in my irritated dissection of the New York Times screed about Countrywide Financial, the nation’s largest independent mortgage broker, seeking to separate chaff, wheat, and just possibly, the kernels of malfeasance claims.
 
[Minor personal disclosure: Two years ago, as part of Rockefeller’s week-long Bellagio Housing […]

Get out your hatchets: Part 2, the wheat

12 September, 2007 (09:01) | Markets, US News | No comments

[Continued from yesterday’s Part 1.]
 
Yesterday I started a series deconstructing a New York Times tut-tut hatchet job on Countrywide Financial, the nation’s largest independent mortgage broker, seeking to separate chaff, wheat, and just possibly, the kernels of malfeasance claims.
 
[Minor personal disclosure: Two years ago, as part of Rockefeller’s week-long Bellagio Housing Conference, I met […]

Get out your hatchets: Part 1, the chaff

11 September, 2007 (09:16) | Markets, US News | No comments

 
So powerful is our emotional desire for causality that should anything bad befall us, someone must have done so with malice aforethought — it’s only a question of who. 
 
That, as best as I can figure it, is the unstated premise of a recent New York Times tut-tut hatchet job on Countrywide Financial, the nation’s […]

Going somewhere to die

10 September, 2007 (08:30) | Markets, Tenure, Theory | No comments

A business friend of mine is knocking down desperately needed, occupied affordable housing in Glens Falls, New York, and I couldn’t be happier.
 

Excavator operator Michael Crupi tears down building 40 of the Henry Hudson Town Houses on Thursday morning. Building 40 was the first of the 1970s-era townhouses to be torn down making way for […]