Developing Affordable Housing Ecosystems World Wide
[Continued from yesterday's Part 1.]
In yesterday’s post, we saw hold the large Canadian financial institutions pulled together, via the Montreal Accord, to recapitalize their assets by pooling them into a new shared vehicle that I first heard about when sharing an International Union of Housing Finance panel with Andy Asselin of Canada Mortgage and Housing [...]
Last fall, with a very Canadian minimum of fuss, our neighbors from the Great White North pulled off a deft exercise in recapitalization and the triumph of shared interests, in what they all call the Montreal Accord. To quote the Financial Times:
Under an August 16 deal, known as the Montreal Accord, a group of [...]
[Continued from yesterday's Part 1.]
As we saw in the first half of this post, October was dominated, as several past Octobers have been, by wretched economic news.
Stocks fall! Markets tank!
Beyond the short-term evaluations (”we’re all hosed”) –
– a less inculpatory and more macroeconomic view was provided via Martin Wolf of the Financial Times, in Awash [...]
Previous Months in Review available here: Sep 08, Aug 08, Jul 08, Jun 08, May 08, Apr 08, Mar 08, Feb 08, Jan 08]\
We’re here for the deleveraging party
For some reason worthy of study either astrological or numismatic, a surprising fraction of the world’s economic slumps have happened in October, including our two most recent: [...]
[Continued from the preceding Part 1, Part 2, Part 3, Part 4, and Part 5.]
“Can this man save public housing?” asked the Boston Globe, its cover image hinting at its hoped-for answer, and for four eventful years, Harry tried.
And failed.
Sorry, Harry; admirable try
Indeed, for public housing, the pair of decades of the Eighties and Nineties [...]
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