bcwessel
02-16-2011, 05:06 PM
Restructing Mortgage Lending Ignores Underlying Cause of [Financial] Crisis
Christopher Leinberger | 10 February 2011 | UrbanLand | LINK (http://urbanland.uli.org/Articles/2011/Feb/LeinbergerFannie)
This article presents an interesting counter-narrative to the cause(s) of America's current depression. I'm not sure I buy it entirely (too great a focus on the awesome and monolithic power of market demand), but he makes some interesting arguments which have otherwise been overlooked by the analyses I've encountered. At any rate, if we believe even part of this narrative, it should further reinforce our need to rehabilitate our existing urbanism, and (perhaps more importantly) rethink the ways we are still organizing greenfield development.
Christopher Leinberger | 10 February 2011 | UrbanLand | LINK (http://urbanland.uli.org/Articles/2011/Feb/LeinbergerFannie)
This article presents an interesting counter-narrative to the cause(s) of America's current depression. I'm not sure I buy it entirely (too great a focus on the awesome and monolithic power of market demand), but he makes some interesting arguments which have otherwise been overlooked by the analyses I've encountered. At any rate, if we believe even part of this narrative, it should further reinforce our need to rehabilitate our existing urbanism, and (perhaps more importantly) rethink the ways we are still organizing greenfield development.