Developing Affordable Housing Ecosystems World Wide
By: David A. Smith
[Continued from yesterday’s Part 2 and the preceding Part 1.]
By 2002, as we’ve seen in the two preceding parts, expansionary pressures on global capital were bringing forces into alignment with means, motive, and opportunity to push asset prices up.
This is a major, seven-part post, best read in order.
If you’ve just arrived, [...]
By: David A. Smith
[Continued from yesterday’s Part 1.]
In this retrospective on the naughty Aughties, I’m concentrating on the biggest hidden stories, the ones we should have noticed but didn’t. Yesterday we opened the decade with two of them:
2000: David Li publishes On Default Correlation: A Copula Function Approach.
1999: Franklin Raines succeeds Jim Johnson at Fannie [...]
By: David A. Smith
When the naughty Aughties’ history is written, what will be its major financial and economic causes?
This is a major, seven-part post that is best read in order. START HERE.
We all know its major effects – the stimulus bill, President Obama’s election, the GSE conservatorship, and the shotgun marriage of Bear Stearns, [...]
By: David A. Smith
If we can put a man on the Moon, why can’t we create clean, attractive public toilets in major cities? That question is implicit in a little New York Times deposit on the subject of effective business models for urban defecation entitled We weren’t quite ready for the modern toilet [...]
By: David A. Smith
[Previous Months In Review here: Oct 09, Sep 09, Aug 09, Jul 09, Jun 09, May 09, Apr 09, Mar 09, Feb 09, Jan 09]
The more I write about housing, the more entangled it becomes with the fabric of cities, formally and informally. Housing is what makes places into cities, because cities [...]
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