I missed this article when it came out: http://www.nytimes.com/2009/02/17/opinion/17brooks.html I was on the road that day, driving back from Palm Springs. A fluke rainstorm closed I-5 from the Tejon Pass to the Kern county line, so I headed up through Barstow and Bakersfield. It took eleven hours, covered 549 miles, two Double-Doubles, and a wait [...]
Archive for February 19th, 2009
Urban Planning
Posted in Architecture, Housing Policy on February 19, 2009 | 1 Comment »
Mortgage Bailout
Posted in Domestic Policy, Finance, Housing Crisis, Housing Policy, Television on February 19, 2009 | Leave a Comment »
Always hate to catch myself agreeing with the hard right, but I have to agree with the view on mortgage subsidies from the government. No one is proposing to dynamite the housing stock; the question is whether occupancy should be reshuffled through the foreclosure process. Modifying debt without seizing the underlying house seems to defeat [...]
