Category: relief

Month in Review, December, 2012: Part 2, Globalized failures

8 February, 2013 (09:00) | Bankruptcy, Boston, CalPERS, disaster response, Economics, Euro, Global news, Month in review, New York City, Proposition 13, Real estate taxes, relief, San Bernardino, Slums, Speculation |

[Previous Months in Review available here: Nov 12, Oct 12, Sep 12, Aug 12, Jul 12, Jun 12, May 12]   By:David A. Smith   [Continued from yesterday's Part 1.]   In yesterday’s Part 1 of our economically grim December, we followed localized failures in Boston and New York City to the ultimate in personal […]

Month in Review, December, 2012: Part 1, Localized failures

7 February, 2013 (12:33) | Bankruptcy, Boston, CalPERS, disaster response, Economics, Euro, Global news, Month in review, New York City, Proposition 13, Real estate taxes, relief, San Bernardino, Slums, Speculation |

[Previous Months in Review available here: Nov 12, Oct 12, Sep 12, Aug 12, Jul 12, Jun 12, May 12]   By:David A. Smith   Housing issues – and this is a housing blog, remember [Who are you reminding – yourself? – Ed.] are inherently place-based, so it’s appropriate to start our review of the […]

Relief precludes recovery

28 December, 2012 (10:00) | Cities, Disasters, New Orleans, Redevelopment, relief, Slums, US News |

By:David A. Smith   Relief is a noble endeavor.  Recovery is a slow and difficult process.  So at any given moment, relief seems the kinder thing to do – and yet, by its well-intended support, relief precludes recovery and in that preclusion extends the economic depression.  That’s my takeaway, anyhow, from this AP story reprinted […]