Inclusionary Housing and Stigma

Posted by & filed under Regulation.

Hughen and Read have posted their abstract for Inclusionary Housing Policies, Stigma Effects and Strategic Production Decisions to SSRN (it is not available for download from there and must be purchased from the publisher one way or the other). The abstract reads, Inclusionary housing policies enacted by municipal governments rely on a combination of legal… Read more »

“Lies, Damned Lies, and Statistics”

Posted by & filed under Investor lawsuits.

Judge Chesler issued an Opinion in The Prudential Insurance Company of America et al. v. Bank of America, National Association et al., No. 13-1586 (Apr. 17, 2014), deciding the motion to dismiss the Complaint. Claims relating to fraud, a theory of underwriting abandonment and the 1933 Securities Act survived the motion to dismiss. The Court… Read more »

The Unzoned City

Posted by & filed under Regulation.

Matt Festa has posted an interesting, short article, Land Use in the Unzoned City, to SSRN. He writes, The popular conception that Houston is unzoned because it is some sort of ultra-Texan free-market landscape is not accurate. Houston’s land use is in fact highly regulated. While no Houston ordinance explicitly uses the “z-word,” and its… Read more »

Affordable Flood Insurance in NYC

Posted by & filed under Regulation.

The Rand Corporation has posted Flood Insurance in New York City Following Hurricane Sandy. The report has a chapter on affordability issues that is worth a read, particularly as the de Blasio Administration undertakes its ambitious affordable housing plan. The report notes that many New Yorkers will face substantially higher flood insurance premiums moving forward…. Read more »

Can You Help Someone Become Financially Capable?

Posted by & filed under CFPB, Regulation.

Researchers at the World Bank have posted Can You Help Someone Become Financially Capable? A Meta-Analysis of the Literature.The abstract reads, This paper presents a systematic and comprehensive meta-analysis of the literature on financial education interventions.  The analysis focuses on financial education studies designed to strengthen the financial knowledge and behaviors of consumers. The analysis identifies188… Read more »