Quotes of All Topics . Occasions . Authors
I miss my family and friends from Cali a lot. I also miss late-night business hours, hiking in the Sierra Nevada, and house boating in Gold Country. But in Ohio, housing is cheaper, everything is green year-round, and we get glorious thunderstorms. In California, I lived in a place that was infested with black widow spiders.
In response to the recession, the Obama administration chose to emphasize costly, short-term fixes - ineffective stimulus programs, myriad housing programs that went nowhere, and a rush to invest in 'green' companies. As a consequence, uncertainty over policy - particularly over tax and regulatory policy - slowed the recovery.
The Adversity Index was created by msnbc.com and Moody's Analytics to track the economic fortunes of states and metro areas. Each month, the Adversity Index uses government data on employment, industrial production, housing starts and home prices to label each area as expanding, at risk of recession, in recession or recovering.
You know, I think the, the crucial thing, you know, we have put in place what is, is just simply the biggest, boldest recovery package in history, right; the stimulus package, biggest ever; the financial rescue, absolutely comprehensive; a housing plan - that is incredible medicine for the economy. And we fully expect it to work.
My mom actually, she does this for a living. She has her own company called Carter and Tracy Incorporated, and she helps young athletes get started, whether it's dealing with housing or dealing with their money, and I know she always has best interests in me, not only because I'm her son, but because of what she does for her job.
Everything needs to work at the same time. But what keeps society vibrant permanently is jobs, industry, business, and stuff like that. It pays for everything else. If you just build affordable housing, and those people don't have jobs, it'll no longer be affordable soon. So you really have to build around the business community.
When George W. Bush tried to roll back taxpayer exposure to a housing crash via Fannie and Freddie, guess what two senators joined a filibuster of the Bush initiative? Yep... those saviors of the working class, Barack Obama and Hillary Clinton. They went to bat for the housing industry and voted to allow taxpayer exposure to escalate.
President Obama started in public life not as an elected official but as a community organizer. He worked with churches and other groups on the south side of Chicago to push public leaders to fight poverty, improve the local school system and make housing more affordable, and to bring about the change the community needed and deserved.
A world of few choices, whether in jeans or mates, is a world in which individual differences become sources of alienation, unhappiness, even self-loathing. If no jeans fit, you'll feel uncomfortable or inferior. If no housing developments reflect your taste for unique architecture, you'll write screeds against philistine mass culture.
The daily quota I've set for myself is 500 words or approximately a page and a half double-spaced. Which isn't much, except that I'm extremely slow, extremely meticulous. 'Le mot juste' haunts me. On a good day, I will finally secrete the 500th word at about 5 o'clock, and I'll reward myself by going to Housing Works Bookstore to read.
The standard of 'affordable' housing is that which costs roughly 30 percent or less of a family's income. Because of rising housing costs and stagnant wages, slightly more than half of all poor renting families in the country spend more than 50 percent of their income on housing costs, and at least one in four spends more than 70 percent.
Fannie and Freddie made two-thirds of all subprime mortgages. That is not a free market institution. That entity, along with the Fed printing too much money back in '03 and '04, caused the housing collapse. So we need to take free markets seriously. That means we have to put an end to all these tax credits and tax deductions and loopholes.
The government ought to be in the business of delivering health, education, housing, and basic services to people without a lot of game playing. There ought to be comprehensive childcare, a comprehensive approach to housing, a sane, rational way to finance education. But I also strongly believe in the notion of fundamental individual freedom.
YIMBYs should embrace a housing reform agenda broader than increasing urban density. This should start with ending tax shelters in the form of land conservation easements to cattle ranches and farms that abut suburbs. This would create an incentive for landowners convert them either to new housing subdivisions or to genuinely new natural areas.