Developing Affordable Housing Ecosystems World Wide
You own a mobile home. The land is owned by a third party landlord who likes nothing better than jacking up your rents.
Legally, mobile homes that lack land aren’t real estate, and you can’t finance one as real estate; instead you get a chattel loan. You can’t avail yourself of the legal protections of [...]
Every now and then, somebody does it right.
In the bold action of a man confident of his politics and his policy, Florida governor Charlie Crist has pulled the trigger on what looks like a long-term masterstroke. As reported in The Washington Post:
In the stillness is the act …
In an ambitious maneuver to help restore [...]
How a couple of years can change things!
In real estate development, wise developers always heed Brutus’s advice:
Not that I loved eminent domain less, but that I loved New London more
There is a tide in the affairs of men,Which, taken at the flood, leads on to fortune;Omitted, all the voyage of their lifeIs bound in shallows [...]
As I detailed earlier this year in The Production Paradox, the very same local bodies that aggressively resist injection of proposed affordable housing into their community come to see existing affordable housing as an important community asset, so much so that they feel they should have a right to step in and buy any affordable [...]
[Continued from Part 1]
Kelo came about as a result of a brilliantly orchestrated multi-year strategy by a small advocacy group, the Institute For Justice. For fifteen years they’ve worked on takings matters, first in regulatory takings — First English, Nollan, Palazzolo, and Tahoe-Sierra – with efforts that have largely failed.
They’ve cherry-picked plaintiffs with great [...]
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