Developing Affordable Housing Ecosystems World Wide
[Continued from yesterday's Part 1.]
So there I was, mid-May in Dublin at the Foundation for Fiscal Studies’ 24th annual gathering, The Fiscal Treatment of Property, expanding on the topic Lessons from the United States and explaining US real estate taxation to a roomful of tax wonks.
Class, can you say ‘locally autonomous control’?
[Click here to [...]
What if you woke up one morning and local property taxes has been abolished?
No real estate tax escrows collected by your mortgagee.
No assessments, no city assessors.
Before you smile too broadly, I have to mention some other George-Spiggott-inspired conditions of the scenario:
I want only your immortal soul
No local autonomy on schools, police, fire, health. All [...]
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, [...]
In the halcyon days of the early Peanuts comic strip, Charlie brown was trying to console the perpetually-aggrieved Lucy via a bit of soothing wisdom: “Life has its ups and downs, you know.”
My dear, your being down is in the nature of things
“I don’t want downs!” shrieked Lucy. “I want only ups! I want to [...]
[Continued from yesterday's Part 1.]
As we look over the frenetic week that proceed the Emergency Economic Stabilization act of 2008 (”EESA,” rhymes with ‘piece-o”), we can see the Inevitability Effect at work:
With this cast of characters and scorecard for proposals, let’s look at who got what, as reported in a later New York [...]
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