Developing Affordable Housing Ecosystems World Wide
Roughly ten days ago, the Administration officially flew the white flag in attempting any further regulation of the GSEs.
Legislation not pending?
As reported by The Wall Street Journal, with its usual Burma-Shave sub-headlines:
U.S. Puts Faith in Fannie, Freddie
Firms, Once Hemmed In, Are Freed for Bigger Role In Aiding Mortgage Market
We’re constrained as to our market [...]
[Continued from Part 1.]
In Part 1, I opened with the economics of water, using as its inspiration Duke law professor Jim Salzman’s article Thirst: A Short History of Drinking Water, and looking for principles applicable to 21st century urbanization in the world’s rapidly expanding cities and the spontaneous communities that represent their slums. Because housing is what makes [...]
[Continued from yesterday's Part 1.]
Symbols of fidelity and chastity abound
Yesterday’s post covered the basics of the JP Morgan Chase/ Bear Stearns shotgun wedding, and the sudden discovery that JP Morgan had paid over the dowry before the vows were exchanged. Thus, as reported in The New York Times, Morgan had to boost its price, and [...]
[Editor's note: we interrupt the multi-part post on water and sanitation for breaking news regarding the Bear Stearns/ JP Morgan Chase shotgun marriage, which is too delicious to ignore and too timely to defer. We'll return to water later in the week.]
Although it’s only tangentially related to housing, I have to post about the [...]
As you know, with my work for Slum Dwellers International, and more broadly on affordable housing in the global south, I’ve been progressively more interested in the finance of basic urban infrastructure, particularly water and sanitation, because if housing is what makes cities, water and sanitation is what makes housing habitable, and hence what controls [...]
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