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HUD’s Social Engineering Mission Upset by Shrinking Housing Supply

Gentrification

The free market, not HUD, should be the only arbiter for affordable housing. WSJ – Venice Beach Is a Hot Place to Live, So Why Is Its Housing Supply Shrinking? Venice Beach is the toughest neighborhood to build new housing in U.S., followed by Prospect-Lefferts Gardens in Brooklyn and Philadelphia’s Fishtown By Laura Kusisto, July Continue Reading

New Affordable-Housing Rules Will Stifle Construction in Los Angeles

on-the-precipace

“They took that problem and made it worse” said Shawn Evenhaim, chief executive of Los Angeles developer California Home Builders, said he stopped purchasing land months ago that would fall under the new requirements, anticipating the initiative would pass. He has enough land to get him through the next two to three years, but after Continue Reading

NYC Affordable Housing Resident Fears

Introduction by Smith Young “:)” Fear of navigating the ocean and falling off the edge of the earth was rational until discovering that the world isn’t flat.  Nothing wrong with that fear when based on an invalid premise and belief system which is the case for this report funded by a grant from the Urban Reporting Continue Reading