Month: June, 2009

Driving through the rear-view mirror: Part 1, info under the influence

23 June, 2009 (09:55) | Appraisals, Fannie Mae, Housing Finance, Innovations, Subprime, US News, Value Chain | No comments

As sensory creatures, all we ever perceive is the past, because every signal comes to us after the event which it reports.

All we know is what’s behind us

Our brains reinterpret this flurry of pass information into a seamless present, which works beautifully except when reporting cycles are misaligned, [...]

Why Larry Summers won’t be the next Fed chairman

22 June, 2009 (11:28) | Capital markets, Speculation, US News | No comments

Ever since Henry VIII, watching the pavane of courtiers seeking the sovereign’s approval has been a favorite pastime of any capital’s aristocracy.

And who shall we see in power today?

In today’s electronic democracies, these turf skirmishes are fought in the media, by leak and by proxy.

Let’s get the [...]

Retrofitting informal housing

19 June, 2009 (21:45) | Configuration, Embryo house, Global news, Innovations, Slums, Theory | No comments

If slums disappear only through conflagration (natural or man-made) or by assimilation into the formal city, then we will need to take existing informal housing and gradually formalize it.

Because you are what you live in, urbanization requires formality:

But as cities imply increasing physical density (more [...]

Creative destruction, or destructive creations? Part 2, in with the new?

18 June, 2009 (17:03) | China, Cities, Slums, Theory, Uighurs, Urban Renewal | 3 comments

[Continued from yesterday's Part 1.]

In yesterday post, using as our text a New York Times article on the proposed comprehensive slum redevelopment of Kashgar, Xinjiang:

Kashgar, though, is not a typical Chinese city. Chinese security officials consider it a breeding ground for a small but resilient movement of Uighur [...]

Creative destruction, or destructive creations? Part 1, out with the old?

17 June, 2009 (09:35) | China, Cities, Slums, Theory, Uighurs, Urban Renewal | 2 comments

When you demolish an urbanized informal or ancient settlement, are your motives pure or impure?
 

Guilty or innocent?
 
If you are Robert Mugabe, the answer is clear: it’s slow genocide by bulldozer. 
 
If you’re the City of Boston in the 1950’s, the answer is likewise clear: your motives were good even if your outcomes were bad.
 
If [...]