National statistics
"Ofheo (Office of Federal Housing Enterprise Oversight) says that average home prices rose 11.17 percent from the fourth quarter of 2003 to the fourth quarter of 2004.... But what happened to home prices just in those last three months of 2004?... Average home prices rose…
Interesting perspective from Michael Kinsley
"Perusing the real estate ads like pornography and imagining what our houses are worth is the great American pastime.... The 19th-century American Henry George explained how rising real estate values harm the economy by operating as a tax on both labor and capital.... Money for…
Government’s impact on housing
"In markets for, say, carrots or cars, rising demand raises prices in the short run.... But houses are no ordinary good: when demand for them rises, increasing the supply can be difficult. Not only do they take time to build: building them at all can…
Oregon
Oregon has long been looked upon as smart-growth utopia for a long time, as property rights were subjugated to the "common good." Now, chinks in the armor may be beginning to be exploited."They say the new law illustrates a nationwide paradox in public opinion: Although…
More on PHA’s Page St. expansion
Private organizations are better suited for this than are public subsidies. When the organization funds the people rather than the houses/projects, better things happen. (more…)