Developing Affordable Housing Ecosystems World Wide
By: David A. Smith
[Editor's note: As the memory of Haiti's devastating earthquake fades, we are able to see that much of the tragedy was preventable – not the quake itself, but the toll in human lives. And we can therefore see this cautionary tale from Shanghai as not merely comic but tragicomic. – Ed.]
A building [...]
[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 [...]
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 [...]
In the weeks and months to come, you will hear much wailing about Chinese policy this and Chinese economic pressure that – and there’s no doubt that China’s economic policy now has a powerful effect on America’s – but let that not blind you to the curious (and potentially hopeful?) interdependency that appears now to [...]
As risk re-pricing is now sweeping the globe, it will touch every moneyed nation, whether it be debtor (the US) or creditor (China). Even as the US economy undergoes its multi-stage recapitalization – first HERA, then TARP, now the Obama-nibus Stimulus Bill – we will get a first-hand experiment in how different financial ecosystems respond [...]
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