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Entrepreneurial barracks: Part 2, the furious future?

17 July, 2012 (10:08) | Apartments, Cities, Dormitories, Entrepreneur, Hostels, Hotels, Housing, Innovations, Rental, Rooming Houses, San Francisco, Tenure |

[Continued from yesterday’s Part 1.]   By:David A. Smith   Yesterday’s post introduced us, via an aren’t-they-clever little story from the New York Times, so some enterprising young Californian women who’ve started running a chain of white-collar crash pads for aspiring tech entrepreneurs who’d eschew eating and sleeping altogether if they could, and if they […]

Entrepreneurial barracks: Part 1, the blithe present

16 July, 2012 (11:41) | Apartments, Cities, Dormitories, Entrepreneur, Hostels, Hotels, Housing, Innovations, Rental, Rooming Houses, San Francisco, Tenure | 1 comment

By:David A. Smith   Look – over in Silicon Valley.  It’s a hotel!  It’s a rooming house!  It’s an apartment!   No, it’s … Superdorm?   Whatever this unusual living accommodation is, it’s serving a need and creating a business, as revealed in this gee-whiz article from the New York Times:   Crammed Into Cheap […]

Not gonna take it anymore?

13 July, 2012 (10:35) | Homeownership, Housing, Local issues, Politics, Real estate taxes, Speculation, US News, Votes |

By:David A. Smith   While it’s always dangerous to find trends in anecdotes or temporal coincidences, during the first week of June several things collided that suggest a theme for this election, one suggested by the perspicacious Spengler (David Goodman) in PJ Media:   I don’t have to tell you things are bad. Everybody knows […]

The economy’s drag sail

12 July, 2012 (12:50) | California, Foreclosure, Homeownership, Housing, Markets, US News |

By:David A. Smith   What’s the important story in housing in California?  Many are the candidates, everything from the state’s shadow bankruptcy, its abolition of redevelopment agencies, its many municipal bankruptcies (Vallejo, Stockton), or even its remarkable repudiation of public-sector pension guarantees (San Jose, San Diego).  All of them are good ones – and yet, […]

Lose LIBOR: Part 3, why it’s unfixable

11 July, 2012 (12:36) | Capital markets, Fraud, Global news, Indices, Interest Rates, LIBOR, Litigation, Regulation, Subprime |

By:David A. Smith   [Concluded from yesterday’s Part 2 and the preceding Part 1.]   Two days into a three-part post, we’ve seen from the Economist‘s reporting that LIBOR was antiquated and influential all out of proportion to the concept by which it has been established and the governance by which it was compiled, published, […]