Developing Affordable Housing Ecosystems World Wide
[Continued from yesterday's Part 2 and the previous Part 1.]
After two long posts focusing on outgoing Treasury Secretary Hank Paulson’s Remarks on the Role of GSEs in Supporting the Housing Recovery, we’ve seen that the Secretary:
1. Has concluded, with audible reluctance, that privately-run GSEs are likely essential.
2. Correctly restates the inescapable dynamic tension between social and [...]
[Continued from yesterday's Part 1.]
Yesterday we saw from outgoing Treasury Secretary Hank Paulson’s Remarks on the Role of GSEs in Supporting the Housing Recovery, that no matter how much he worries about their existence, he has (correctly, I think) concluded the GSEs play an essential role in creating omnipresent secondary-market liquidity, and in allowing targeted [...]
“I would, but I need the loans”
Guy goes to a psychiatrist and says, “Doc, uh, my brother’s crazy; he thinks he’s a chicken.”
And the doctor says, “Well, why don’t you turn him in?”
“I would, but I need the eggs.”
Woody Allen, Annie Hall
That, in a nutshell, represents the views of outgoing Treasury Secretary Hank Paulson, as [...]
[Continued from yesterday's Part 2 and the previous Part 1.]
“He that is of the opinion money will do everything may well be suspected of doing everything for money.”
– Benjamin Franklin, who was born and raised in Massachusetts
Drive thy business or it will drive thee
So far our review of the white paper (available in .pdf here [...]
[Continued from yesterday's Part 1.]
“If you know how to spend less than you get, you have the philosopher’s stone.”
– Benjamin Franklin, who was born and raised in Massachusetts
If you would know the value of money, go try to borrow some; for he that goes a-borrowing goes a-sorrowing
Yesterday’s post introduced a white paper (available in .pdf [...]
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