Posts Tagged ‘The American Prospect’
All real estate is local
In the May issue of The American Prospect, I contribute one of “Five Ways of Looking at Risk,” pointing out that the basic set-up of the mortgage-backed securities market — a global market in debt-trading, supporting a product, real estate, that is rooted to a specific location — poses inherent risks that the market simply wasn’t built to deal with. I suggest some ways that home lending could once again become a local business while still taking advantage of the financial markets, and am sure there are many other possible models — someway, somehow, the government mortgage market reform project on the horizon will have to take on this challenge.
How the homes we live in turned into the monsters that ate our economy and the United States became a nation obsessed with real estate.
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Organizations that matter
- Affordable Housing Centers of America
- Arthur L. Carter Journalism Institute
- Brookings Metropolitan Policy Program
- Center for Budget and Policy Priorities
- Center for Responsible Lending
- Demos
- Drum Major Institute
- Joint Center for Housing Studies
- Lincoln Institute of Land Policy
- National Consumer Law Center
- National Housing Institute
- National Housing Trust
- National Low Income Housing Coalition
- National Training and Information Center
- Natn’l Community Reinvestment Coalition
- NEDAP
- New America Foundation
- PolicyLink
- Pratt Center for Community Development
- Revson Fellowship
- Smart Growth America
What Alyssa reads
- Baseline Scenario
- Ben Smith
- Bloomberg News
- Calculated Risk
- City Limits
- Consumer Law and Policy Blog
- Doug Henwood
- Felix Salmon
- Galleycat
- Housing Wire
- Mother Jones
- Next American City
- Paul Krugman
- PolicyCents
- Ryan Avent
- Shelterforce
- Street Level
- Talking Points Memo
- The Audit
- The Balance Sheet
- The Big Picture
Tags
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