Developing Affordable Housing Ecosystems World Wide
Because they are large institutions whose very existence depends on the perception of stability, we tend to take banks’ existence for granted – yet every bank started somewhere, as something much less evolved, such as an interim lender to a valued supply-chain partner, as revealed in this article from the Wall Street Journal (October 4, [...]
[Continued from yesterday's Part 1.] By:David A. Smith Yesterday’s post smoked out the issue, latent in a New York Times story about marijuana grow houses, that illegal activity (even if it’s the most unassuming and seemingly peaceful) is a community risk, and one that proliferates when communities decline and are riddled with vacant [...]
By:David A. Smith Want to profit from the foreclosure crisis in California? You’ll need electricity, ventilation, and water Want to make big money at home? Adaptive reuse! Own your own business, be your own boss? Learn a valuable trade All with low capital outlays and minimal risk? If [...]
You’ve got to try harder In the aftermath of the subprime meltdown, fingers are being pointed every which way, among them at the appraisal community, which led to a systemic change brought about by new York’s aggressive Attorney General, Andrew Cuomo, who pressured the GSEs into an agreement about which I recently posted: [The Home [...]
To make housing affordable, why don’t we lower its costs, using mass production? “A car that ordinary Americans can afford.” Henry Ford with his Model T For nearly a century, that thesis has appealed to automotive titans, of whom the latest is from India, as reported in the Financial Times: Indian companies want to repeat [...]
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