Month: June, 2009

End of an error: Part 2, envisioning the essential future

30 June, 2009 (11:29) | Atlanta, Innovations, Public housing, Tenure, Theory | 1 comment

Continued from yesterday’s Part 1.]

Earlier this year, as we saw yesterday via this New York Times story, the Atlanta Housing Authority has accomplished an impressive feat: it ended a 73-year policy detour by tearing down the last of its original Depression-era public housing, not because it wanted to exit [...]

End of an error: Part 1, demolishing the inessential past

29 June, 2009 (11:37) | Atlanta, Innovations, Public housing, Tenure, Theory | 2 comments

When seeking to house the poor, we have two macro-level choices on assistance-basing:

We know that’s the goal, which way do we do it?

1. Place-based. Build quality apartments and move people in to those apartments.
2. People-based. Give people subsidy that enables them to make effective choice and find apartments in [...]

I hope you’re not what you live in!

26 June, 2009 (10:19) | Configuration, Homeownership, Humor, Tenure | 1 comment

Once before, I posted seriously that you are what you live in:

I has a haddock

In Jungian dream interpretation, the house is the self:

A house in a dream generally speaks of one’s psychological house, the house of the “soul.” We often see different homes that we’ve lived in. Ask yourself, if the home [...]

The Model T house?

25 June, 2009 (09:47) | Affordability, Configuration, India, Innovations, Tata, Usonian, Value Chain | 2 comments

To make housing affordable, why don’t we lower its costs, using mass production?

“A car that ordinary Americans can afford.”
Henry Ford with his Model T

For nearly a century, that thesis has appealed to automotive titans, of whom the latest is from India, as reported in the Financial [...]

Driving through the rear-view mirror: Part 2, info over the transom

24 June, 2009 (09:39) | Appraisals, Fannie Mae, Housing Finance, Innovations, Subprime, US News, Value Chain | No comments

[Continued from yesterday's Part 1.]

In yesterday’s exploration of the changing appraisal world, using an interesting Wall Street Journal article, we’d identified the intrinsic challenge of appraisal – having to simulate a forward-looking market by using exclusively backward-looking evidence from past sales. Called upon to appraise a pending sale, the [...]