The streets of our cities have been too empty and too full.
Emptied of cars and pedestrians, the streets of the pandemic became eerie still frames of an economy on pause. And yet, as we venture back to our sidewalks and storefronts, we are reminded that our streets also are a home, an imperfect and unsustainable haven for the transient masses we call “the homeless.” Never has it been starker than in the vacuum of social distancing that they are there, the only people who remained when all others retreated to the safety of their homes.
Thus begins my latest op-ed, co-authored with Thomas Hugh Byrne from Boston University and Benjamin F. Henwood from the University of Southern California, originally published in The Hill.
To read the full op-ed, click here.
No offense to Robert Samuelson, but I’m won’t be asking him to run the Treasury Department anytime soon.
Samuelson, a Washington Post columnist, calls Fannie Mae and Freddie Mac “economic mongrels” whose “losses stemmed from unrealistic ‘housing affordability goals’ [and] lax lending in pursuit of higher profits.” Not only is this statement factually incorrect, but nowhere in the entire op-ed does he explain why Fannie and Freddie exist in the first place. If you’re trying to criticize their policies and resolve the “question of what to do about” them, that’s kind of important.
In June 2009, I wrote one final op-ed for my most loyal readers. This one didn’t make it into the Hazleton Standard-Speaker, for which I had stopped writing a couple weeks earlier. Since there seems to be a lot of ignorance about the issues I discussed, let’s make it public: Continue reading “Don’t Ask a Journalist to Explain Real Estate Economics to You, Part II”