Developing Affordable Housing Ecosystems World Wide
[Continued from yesterday's Part 2 and the previous Part 1.]
After two long posts focusing on outgoing Treasury Secretary Hank Paulson’s Remarks on the Role of GSEs in Supporting the Housing Recovery, we’ve seen that the Secretary:
1. Has concluded, with audible reluctance, that privately-run GSEs are likely essential.
2. Correctly restates the inescapable dynamic tension between social and [...]
[Continued from yesterday's Part 1.]
Yesterday we saw from outgoing Treasury Secretary Hank Paulson’s Remarks on the Role of GSEs in Supporting the Housing Recovery, that no matter how much he worries about their existence, he has (correctly, I think) concluded the GSEs play an essential role in creating omnipresent secondary-market liquidity, and in allowing targeted [...]
“I would, but I need the loans”
Guy goes to a psychiatrist and says, “Doc, uh, my brother’s crazy; he thinks he’s a chicken.”
And the doctor says, “Well, why don’t you turn him in?”
“I would, but I need the eggs.”
Woody Allen, Annie Hall
That, in a nutshell, represents the views of outgoing Treasury Secretary Hank Paulson, as [...]
“Laws are like sausages – it is best not to see them being made.”
— German Chancellor Otto von Bismarck (committee report)
Ziss vassn’t how ve did it in ze olt days
[We're interrupting our regularly scheduled programming to honor the Obama inauguration by providing this little Visitor's Guide to Washington's Dynamics. The second half of December's Month [...]
[Previous Months in Review available here: [Nov 08, Oct 08 Sep 08, Aug 08, Jul 08, Jun 08, May 08, Apr 08, Mar 08, Feb 08, Jan 08]
During December, the Rockefeller Foundation released an important book, “Century of the City,” in whose creation I had a small hand:
Cities matter, and they’re going to matter [...]
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