Category: Markets

Where the money goes, the people will follow: Part 1, 64% of China’s rich

19 September, 2014 (09:00) | Capital, China, Emigration, Exports, Global news, Housing, Imports, Markets, Schools, Speculation | No comments

By: David A. Smith Up until now, my posts puzzling out China’s affordable housing have focused on its urban challenges, and whether the Chinese can make new cities that people want to live in without destroying the formerly-rural middle class by culturally and economically impoverishing them in totalitarian-style housing blocks.  Foolish me, I overlooked the […]

Poor poor pitiful door: Part 5, About a year

18 September, 2014 (09:00) | Apartments, Condominiums, Development, Discrimination, Economics, GAIA, Housing, Inclusionary zoning, Journalism, Linkage, London, Markets, New York City, Rental | 1 comment

[Continued from yesterday's Part 4 and the preceding Part 1, Part 2, and Part 3.] By: David A. Smith By now, after four parts on a GAIA (God Ain’t It Awful) story about the separation of entrances in a fantastically located mixed-income property on New York’s West Side, readers may have deduced that I think […]

Poor poor pitiful door: part 4, Loophole du jour

17 September, 2014 (10:00) | Apartments, Condominiums, Development, Discrimination, Economics, GAIA, Housing, Inclusionary zoning, Journalism, Linkage, London, Markets, New York City, Rental | No comments

[Continued from yesterday's Part 3 and the preceding Part 1 and Part 2.] By: David A. Smith Yesterday’s Part 3 observed the egalitarianism paradox of ‘poor door’ apartments – that properties which otherwise would have been entirely segregated (100% luxury, 0% affordable) are criticized as exclusionary because the new apartments developed – with no government […]

Poor poor pitiful door: Part 3, Hunting for culprits

16 September, 2014 (09:00) | Apartments, Condominiums, Development, Discrimination, Economics, GAIA, Housing, Inclusionary zoning, Journalism, Linkage, London, Markets, New York City, Rental | No comments

[Continued from yesterday's Part 2 and the preceding Part 1.] By: David A. Smith In yesterday’s Part 2, I laid out the arguments made, chiefly by keyboard crusaders masquerading as reporters, that ‘poor doors’ (separate entrances in a mixed-income building for affordable housing renters) are demeaning, discriminatory, and in general un-American. We’re from Christendom and […]

Poor poor pitiful door: Part 2, Presumption of offense

15 September, 2014 (09:00) | Apartments, Condominiums, Development, Discrimination, Economics, GAIA, Housing, Inclusionary zoning, Journalism, Linkage, London, Markets, New York City, Rental | No comments

[Continued from yesterday's Part 1.] By: David A. Smith Yesterday’s post introduce the ‘poor door’, the catchy pejorative term for a mixed-income residential property, typically built under an inclusionary zoning program (such as London’s Section 106 or New York City’s 421a), where the market residents (who may also be owners, not renters), have a different […]