Developing Affordable Housing Ecosystems World Wide
[Continued from yesterday's Part 1 and Part 2.]
So far our examination of the UK’s inclusionary zoning scheme, Section 106, has unearthed what we expected — that in a zero-sum game, negotiations are protracted, acrimonious, and coy. Further, localities — rightly appreciating that equity extract from Section 106 agreements is their principal source of new municipal infrastructure [...]
[Continued from yesterday's Part 1.]
Even before examining the specific practice, we’d expect a zero-sum-game form of inclusionary zoning to be beset by protracted negotiations and ongoing acrimony between developers and localities.
Talking about you and me, and the games people play
We’d also expect a migration toward a homes-produced number and away from deep affordability, simply [...]
Games are more fun when they’re positive-sum — and this applies very directly to affordable housing and inclusionary zoning.
Girls just wanna have sums!
Because affordable housing always costs money, some lucky stakeholder must fund the cost-value gap. While this money ultimately is or derives from government, government often wriggles, seeking to find ‘off budget’ ways of [...]
As we watch the US housing and capital markets struggle to find their equilibrium, there’s no question we are experiencing a worldwide phenomenon – and even allowing for the parochial lenses through which Americans receive news of other people’s markets, I think it’s clear that however much disturbance we are facing in the US markets, [...]
To-ga! To-ga! To-ga!
Students off campus – can’t live with ‘em, can’t live without ‘em — at least, that seems to be the prevailing wisdom of the student towns I’ve observed here in greater Boston and elsewhere (as I posted in No adolescents need apply). Even as communities want the ‘right’ sort of people, they seem [...]
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