Developing Affordable Housing Ecosystems World Wide
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 [...]
The ship is sinking.
Women, children, and credited cast members first
You have lifeboats in the water.
But you have fewer lifeboats than passengers.
We thought they were enough, for the ship could never sink
What do you do?
Get away from the wreck as quickly as possible?
As reported in the Boston Globe, that dilemma confronts Julia Kehoe:
Julia E. Kehoe, [...]
To-ga! To-ga! To-ga!
Students off campus – can’t live with ‘em, can’t live without ‘em — at least, that seems to be the prevailing wisdom of the student towns I’ve observed here in greater Boston and elsewhere (as I posted in No adolescents need apply). Even as communities want the ‘right’ sort of people, they seem [...]
[Continued from yesterday's Part 1.]
Yesterday we saw that Boston, whose mayor I’ve alternately tweaked and applauded, has now decided that while four or fewer students living together are all right, five or more are right out:
In the Real World, will three of you have to move out?
Continuing from the Boston Globe story, we discover that [...]
What’s a family? And who decides?
In that bizarre city across the river from me, I’ve tweaked the mayor for his foolish approach to taxation and applauded him for his visionary pipe dream of moving City Hall out of downtown, but he at least is not the leading force behind the latest splutteringly dumb initiative being [...]
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