Month: April, 2008

You’d rather we were sleeping together? Part 2, not five

9 April, 2008 (09:08) | Boston, Demographics, Local issues, Student housing, Tenure | No comments

[Continued from yesterday’s Part 1.]
 
Yesterday we saw that Boston, whose mayor I’ve alternately tweaked and applauded, has now decided that while four or fewer students living together are all right, five or more are right out:
 

In the Real World, will three of you have to move out?
 
Continuing from the Boston Globe story, we discover that […]

You’d rather we were sleeping together? Part 1, only four

8 April, 2008 (09:40) | Boston, Demographics, Local issues, Student housing, Tenure | No comments

What’s a family?  And who decides?
 
In that bizarre city across the river from me, I’ve tweaked the mayor for his foolish approach to taxation and applauded him for his visionary pipe dream of moving City Hall out of downtown, but he at least is not the leading force behind the latest splutteringly dumb initiative being […]

House-locked

7 April, 2008 (11:08) | Markets, Primer Posts, Subprime, Tenure, Theory, US News | No comments

We think of a home as security – if you own it, no one can take it from you – and that security comes at a cost, in capital investment and reduced mobility.  Most of us willingly make that trade.  We like the familiar nest, the morning-evening commute to and from work dividing our lives […]

Searching for affordable housing history: a call for ideas

4 April, 2008 (09:22) | Admin, History, Readers | No comments

I’m asking for your help.

 
It’s already too late for that
 
On my company’s conference room wall is an 1855 map of old Boston,
 

 
given to me twenty years ago when I left my old firm (and eventually started Recap), and on the peninsula then known as Dorchester Heights, and now known as South Boston, in delicate […]

A property reborn: Henry Hudson, Glens Falls

3 April, 2008 (09:19) | Henry Hudson, Markets, Tenure, Theory | No comments

Sometimes it works.

 
Sometimes the things we hope to do, and plan to do, actually get done.
 
If you wanted to rehab this –
 

 
– into this –
 

 
– how would you go about doing it?
 

Well, yes, you’d need that too
 
Aside from a big pile of money, your biggest obstacle to the redevelopment is that there is already a property […]