Developing Affordable Housing Ecosystems World Wide
What you reward gets increased. So be very, very careful what you choose to reward.
For years I ran my for-profit consulting company with cash-oriented compensation. For any contingent transaction – and most of our work involved contingencies – we never counted fees until we had them in hand. At year-end, we’d examine all the receivables, [...]
“He was always just a couple jumps ahead of the law, but when the cops sometimes caught up with him, he always managed to blame it on some other guy.”
– Ross Thomas, Chinaman’s Chance, page 58
Are developers more credulous than other people?
Ross Thomas: “They never took nobody who didn’t deserve it”
Ever since the bizarre [...]
Because buildings are immobile, massive, and sturdily built, we have the natural but bad habit of thinking them immutable and immortal – mute elephants, as it were. Taking them for granted, we can do damage with incremental changes that we make thoughtlessly, presuming such changes can make no difference.
Who then speaks for buildings? Every now [...]
[Continued from yesterday's Part 1.]
In our exploration of the infancy of twenty-first century rent-to-own, using this New York Times story as our text, we have up to now heard from the would-be buyers who intend to be homeowners – condo owners – one day, but are delaying for any of several good reasons:
My superego and [...]
There goes my wallet! And my ego with it!
The thing about falling prices is that even as commodities get cheap (have you looked at the price of gasoline lately?), our human desire not to look foolish to ourselves keeps us from buying – because maybe the price will fall even further tomorrow. Yet housing, distinct [...]
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