Developing Affordable Housing Ecosystems World Wide
By: David A. Smith
[Continued from yesterday's Part 1.]
In yesterday’s post, I expended several hundred words in a possibly-unnecessary exercise – intellectually demolishing the feasibility of architectural speculations, presented in the Boston Globe, that I believe even their proponents would concede are whimsical fantasies, never intended to exist beyond CAD/CAM screens and jpegs.
They represent an [...]
By: David A. Smith
“So this unemployed architect walks into a bar and says, ‘our erections can last for years’.”
Okay, maybe not precisely that cheesily, but something similarly whimsical had to have been in the minds of Boston Globe editors when they sent out an offer to under-employed architects, What would you do to [...]
Dinosaurs and buggy whips came to my mind when I read (self-referentially, in the Boston Globe
Itself) of three bidders for the money-flushing newspaper:
An investment firm that recently purchased a San Diego newspaper has emerged as a third bidder for The Boston Globe, according to people briefed on offers submitted to the paper’s owner, The New [...]
Are you sure that’s spelled right?
As the unionized employees of the Boston Globe debate among themselves whether they will accede to the $20 million in annual wage cuts demanded by their owner, the New York Times Company, they might do well to ponder a grim real estate reality, as presented with clinical dispassion by [...]
What happens when a property’s capital stack is too high – when the debt substantially overtops its value? The Law of Economic Gravity dictates that such capitalization cannot be sustained for long, and as reported in the Boston Globe, in one of the least surprising developments of the global de-leveraging, on April Fool’s Eve, the [...]
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