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Will the GSEs Repeat 2007 - 2009’s Large Losses?

The Stoop (NYU Furman Center)

The housing market has just experienced one of the largest upcycles in history. First, house prices increased by 57 percent 1 over the nearly nine years from their post-financial crisis bottom (2011 Q2) through the last quarter before the pandemic (2020 Q1). This rapid ascent was driven by multiple factors.

Housing 52
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How to Use Data for Public Good

GovLoop

In Colorado, the Department of Local Affairs (DOLA) Division of Housing knew who needed help: thousands of chronically unhoused Colorado residents a demographic that swelled 266% between 2007 and 2021, more than any other states. Ask yourself, whose life changes if this project goes well?

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Royal Bank of Canada report, 26% of Canadian households can't afford to buy a house

Rebuilding Place in Urban Space

-- High rates and prices make it less affordable to own a home in Canada , Royal Bank of Canada In some markets, 80% to 102% of median income is required to own and maintain a house. One group can't afford housing at today's prices. OTOH, in the US the Wall Street Journal reports on " The Rise of the Forever Renters."

Housing 52
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How to Convince Your Boss to Send You to the Reclaiming Vacant Properties Conference

Center for Community Progress

What : The Reclaiming Vacant Properties Conference has been around since 2007, bringing together about 1,000 attendees in cities across the country every two years. Put simply, our goal is to set local leaders up for success to turn vacant spaces into vibrant places. The sessions at RVP reflect that!

Laws 98
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The Port of Greater Cincinnati Development Authority outbids Wall Street to buy houses in Cincinnati

Rebuilding Place in Urban Space

The Pittsburgh Cultural Trust, the Playhouse Square Development Corporation, and Jubilee Housing of Baltimore (focused on live work housing) are particularly good examples. Sadly, wrt the Purple Line I first suggested this in 2007. Housing market, venture capital and single family housing as rentals.

Housing 52
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Purple Line Corridor Coalition study: Same Old, Same Old | Gentrification will result from investment in transit infrastructure

Rebuilding Place in Urban Space

Also see " Op-Ed in Washington Post about preserving affordable housing in the Purple Line corridor (Department of Duh) " from earlier in the year on the same topic. It's what you call a "priming effect." And you want that to happen, since you're spending billions of dollars on it.

Housing 52
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The town (or place) that art saved(?): arts as revitalization versus arts as community building

Rebuilding Place in Urban Space

nd building awareness and interest in the institution and the community (" House of Art(s) to open at the Springfield Art Museum ," Springfield News-Leader ), " Drury Students to help with De-Installation of Springfield Art Museum Exhibit ," Ozarks First, " Space as event as ouevre ," Gerard Nadeau). Again, I think this is community building.