Developing Affordable Housing Ecosystems World Wide
Whose fault is the implosion following our hyperinflated pricing bubble?
I couldn’t make things ADD up …
Not subprime lending. Not CRA. Not US profligacy. Maybe it’s starvation for yield, or maybe it’s a kind of currency smuggling by manipulating the exchange rate by China, as speculated in a deliberately provocative Washington Post Op Ed, What [...]
For the time being, those making the Washington sausage have given themselves leave to spend whatever they think appropriate, but it was not always so, and it will not be so again.
Ready to spend the public’s money?
One day – and it may well be in the second session of this Congress, after the stimulus [...]
Yesterday’s post on my experience teaching a brand-new course, Mortgages for the Poor; An Overview of Products and Supporting Infrastructure at the world-famous Boulder Microfinance Training Program (MFT), brought us to the point of wanting to follow the customer.
Whoever gets the customer first, wins!
The MFI customer needs and wants a housing-finance product, because traditional microfinance [...]
Somewhere in The Moon is a Harsh Mistress, Heinlein describes his intellectual hero Professor Bernardo de la Paz working as an itinerant teacher on the Moon, teaching anything to anybody, by reading up furiously and staying a few weeks ahead of his syllabus. It was with something not entirely dissimilar that I put together, and [...]
Yesterday’s post about the prejudices against rental naturally invites the question, what is true about rental?
A. Rental is always disfavored in political resources.
You wouldn’t find the answers in a 1922 booklet by M. W. Folsom, “The Facts about Home Owning“, from A Home of Your Own.
Rental always wishes it got as much political love as [...]
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