Category: Primer Posts

Four observational questions: Part 2, moving and building

6 March, 2008 (10:11) | Ecosystems, Essential posts, Markets, Primer Posts | No comments

[Continued from yesterday’s part 1]
 
Yesterday I enumerated two of the four observational questions:
 
How do people buy and sell homes?
Where does the financing for homes come from?
 
Those two questions deal with static supply and demand — people changing chairs. 
 

You move out, I move in?
 
Now we have to tackle the changes in supply and demand: why […]

Four observational questions: Part 1, buying and lending

5 March, 2008 (10:07) | Ecosystems, Essential posts, Markets, Primer Posts | No comments

When one encounters a new ecosystem, how do you come to understand it? 
 

Just push the AHI blog button
 
The question’s been on my mind lately.  Currently I’m the non-faculty advisor (in the lingo, they call me the ‘client’) to a half-dozen graduate students at Harvard’s Kennedy School of Government who, for their Policy Analysis Exercise […]

Votes are political equity

31 January, 2008 (14:59) | Essential posts, Legislation and policy, Primer Posts, Public-Private Partnerships, Turkey | No comments

All legislation is carefully stored in labeled blue plastic bins
 
Since affordable housing policy is always an output of the government factory, I have over the years become fascinated by the complex ways in which legislation is created, how elected officials use their political capital, and how they use many things (including political vaporware) to manufacture […]

Apartments are occupied by money, not people

18 January, 2008 (09:53) | Housing, Markets, Primer Posts, Theory | No comments

“So, Watson,” Holmes said, filling his pipe with a particularly vile shag that he sometimes favored, “you have been sufficiently enterprising as to visit brother Mycroft to have him explicate the science of securitization, a journey about which you were pleased to post.”

Mycroft was always willing to expound upon money
 
London that April was endlessly blanketed […]

Look after the rents and the grounds will look after themselves

7 January, 2008 (10:02) | Economics, Primer Posts, Theory | No comments

“Look after the sense, Mr. Dickens.”
 
Look after the pence, said Mr. Micawber (quoting a former Treasury secretary), and the pounds will look after themselves.
 

“Look after the pence, young master Copperfield …”
 
I always thought that a nice quote, encapsulating as it did the principle of sweating the small stuff.  And though it’s been ages since I […]