Month: May, 2008

“Profit is the price you pay for competence”

30 May, 2008 (08:25) | Ecosystems, Essential posts, Theory | No comments

                                                      “Profit is the price you pay for competence.”
 
Work expansion isn’t just a good idea, it’s the Law
 
They’re called non-profits – or, more formally, ‘not for profit entities’ – and therein lies the great fallacy of their existence. 
 

There are two sides to every question
 
Non-profits have to make a profit.  The reasons are manifold.
 

Not that […]

Reform step 1: license the brokers

29 May, 2008 (08:53) | Capital markets, Finance, Legislation and policy, Regulation and Reform, Subprime | No comments

          
“The first thing we do, let’s kill all the lawyers.”
Henry VI, Part 2: Act iv, scene ii.

Of whose state, so many had the managingThat they lost France, and made his England bleed
 
While the total scale of the global credit compression hasn’t been fully measured, most of that disruptive wave is behind us, as demonstrated […]

When a condo busts: Part 2, up from the bottom

28 May, 2008 (08:30) | Condo, Markets, Subprime, US News | No comments

As we plumb the depths to which an unsold condo may sink –
 

I barely recovered my deposit
 
– based on a New York Times visit to deepest darkest high-rise Miami, we have seen an investor being escorted through corridors measureless to man down to a sunless lobby.
 

The lights are turned down to save on electricity costs, […]

When a condo busts: Part 1, down to the bottom

27 May, 2008 (09:00) | Condo, Markets, Subprime, US News | No comments

Who, considered purely from the perspective of a resident, is the ideal landlord?   

 
When the issue of rent collection is taken out of the equation, the landlord is the head of management and maintenance, functions that homeowners experience and multifamily flat-dwellers do not.  Meanwhile the condo – seen by any as superior living, the benefits of […]

When top-down works

23 May, 2008 (08:35) | Ecosystems, Essential posts, Government, Legislation and policy, Local issues, Policy, Theory | No comments

A while back, I posted on When top-down doesn’t work as it applies to affordable housing policy.  The Blogger Communications Commission has requested equal time for the opposing view – an exposition of when top-down does work.
 

I’m a spokesman and don’t you dare oppose my views
 
One theme unifies the examples below – and that is […]