Category: Residents

Distrust me just this once? Part 3, how to build trust

10 September, 2009 (10:15) | Communications, HOPE VI, Los Angeles, Public housing, Residents, Speculation |

By: David A. Smith   [Continued from yesterday’s Part 2 and the previous Part 1.]    “Always forgive your enemies; nothing annoys them so much.” – Oscar Wilde   In the first two parts of this post, we encountered (via a Los Angeles Times article) Los Angeles‘ Jordan Downs public housing property, and the ambitious […]

Distrust me just this once? Part 2, the enemies of trust

9 September, 2009 (10:43) | Communications, HOPE VI, Los Angeles, Public housing, Residents, Speculation |

By: David A. Smith   [Continued from yesterday’s Part 1].     “Who are you going to believe: me or your lying eyes?” – Groucho Marx, Duck Soup   To redevelop Jordan Downs, one of Los Angeles’s largest and worst public housing properties, requires gargantuan capital – the figure $1,000,000,000 has been bandied about – […]

Distrust me just this once? Part 1, the need for trust

8 September, 2009 (09:50) | Communications, HOPE VI, Los Angeles, Public housing, Residents, Speculation |

“Trust me just this once.” – from Great Lies in Real Estate, Volume 3   “Trust me, I’m on your side”   Slums persist in part because they have defenders.  Among those defenders are many slum residents themselves, for whom a lifetime’s experience has taught them, Trust no one, especially any well-dressed or well-spoken newcomer […]

Public-private partnership

21 July, 2005 (15:50) | Affordable Housing, Communities, Government, Primer posts, Public-private partnerships, Residents |

Popular phrase, popular prospects, but what potential pitfalls?  And more pragmatically:   What the heck is it?   Experience has proven, more times than necessary, that neither the pure private sector nor the pure public sector reliably produces sustainable affordable housing:   The private sector produces slums by simple economic rationality. The public sector produces […]

Green backs = green cards?

19 July, 2005 (09:17) | Credit, Immigration, Loans, Markets, Residents, Saving |

How does one formalize residency?  Is the only path judicial, or might there also be an economic path?  A fascinating short Boston Globe article raises a series of provocative questions about what our immigration policy is, and perhaps what it should be.   The green card: permanent US residency   As do so many changes, […]