Category: Markets

The reluctant landlord

16 October, 2009 (10:38) | Housing, Markets, Rental, US News | No comments

By: David A. Smith
 
We think of being a renter as a diminished state, yet rental has the tremendous advantage of low entry and exit costs, meaning greater flexibility.  In a down market, we should spare a moment’s pity for people used to labor and household mobility, who find their unsold former home nothing but a [...]

The rules say I can change the rules, including this rule

5 October, 2009 (12:52) | Condos, Humor, Law, Markets, US News | No comments

By: David A. Smith

 

 
[Waves to Harvey and smiles]
“No, no, not yet. Not until me and Harvey get the rules straightened out.”“Rules!?!? In a knife fight!?!? No rules.”
Butch Cassidy and Harvey Logan
 
Abject desperation yields a creativity verging on the laughable, as illustrated by this recent Wall Street Journal about residents whose developer has what can only [...]

AHI’s World Habitat Day Event: Essential Actors in Affordable Housing Delivery

28 September, 2009 (10:24) | Ecosystems, MEEs, Markets, Research, Theory, UN Habitat, World Habitat Day | No comments

By: David A. Smith
 
As part of the multi-day World Habitat Day activities, AHI, along with the National Housing Conference and the Housing Partnership Network, will be sponsoring a presentation and panel discussion on a topic that we think has great relevance, both in the Global South and back home in America.
 

Being hosted in Washington for [...]

Better dead than read, Part Deux

10 August, 2009 (10:41) | Boston, Boston Globe, Conversion, Land Value, Markets, Zoning | No comments

Dinosaurs and buggy whips came to my mind when I read (self-referentially, in the Boston Globe
Itself) of three bidders for the money-flushing newspaper:
 
An investment firm that recently purchased a San Diego newspaper has emerged as a third bidder for The Boston Globe, according to people briefed on offers submitted to the paper’s owner, The New [...]

Value chain growing pains?

8 July, 2009 (10:00) | Appraisals, Fannie Mae, Freddie Mac, GSEs, Housing Finance, Innovations, Markets, Subprime, US News, Value Chain | 2 comments

You’ve got to try harder

In the aftermath of the subprime meltdown, fingers are being pointed every which way, among them at the appraisal community, which led to a systemic change brought about by new York’s aggressive Attorney General, Andrew Cuomo, who pressured the GSEs into an agreement about which [...]