Affordable Housing Institute : US

If you had a nifty innovation that had turned 500,000 public housing renters into homeowners, wouldn’t you trumpet it? 
 

 
Apparently, not if you were Scottish, or at least that’s what one would infer from a proposed policy change in the UK affordable housing ecosystem that is apparently emanating from Edinburgh, as reported in This is […]

“I said, ‘I lost it in the moon.’”
 
As the great Yogi Berra might have said, nobody can afford to rent homes any more, they’re all being vacated by foreclosure.  At least that’s the apparently oxymoronic conclusion implied by these two contemporaneous stories [both November 10 — Ed.] from Miami.  First the rental bad news, from […]

Leaks
Leaky
Leaking
Dripping

“Rates, rates, who cares about rates? I’ll get you the money.”
— A mortgage broker friend of mine, 1982, when a mortgage went for 18%

What becomes…

 
These days’ financial pages and credit updates are full of Emily Litella moments:
 
Emily Litella: I’m here tonight to speak out against busting schoolchildren. Busting schoolchildren is a terrible, terrible thing. I hear this is going on all over the country. Mean policemen arrest little children and put them in jail in the wrong neighborhood, so […]

[Continued from yesterday’s Part 1.]

 
Scarcely had logorrheac author Isaac Asimov finished The Caves of Steel when he was at work on its counterpoise, The Naked Sun. 
 

Original Doubleday cover, 1956
 
For this police procedural murder mystery, he reunited New York City plainclothesman [which always seemed incongruous — wouldn’t all detectives be plain-clothes? — Ed.]  Elijah Baley […]