January 30, 2014
Reforming NYC’s Property Tax Regime
Andrew Hayashi has posted Property Taxes and Their Limits: Evidence from New York City to SSRN. There probably could not be a more obscure and dull topic than this to the general reader (and coming from me, as the author … Continue reading
January 30, 2014 in Regulation | Permalink | No Comments
January 28, 2014
Reforming the Fed
Peter Conti-Brown and Simon Johnson posted their policy brief, Governing the Federal Reserve System after the Dodd-Frank Act, on SSRN (also on the Peterson Institute for International Economics website). I have said before that the Fed is a “riddle, wrapped … Continue reading
January 28, 2014 in Regulation | Permalink | No Comments
January 27, 2014
New and Improved Rating Agencies!
The SEC issued its 2013 Summary Report of Commission Staff’s Examinations of Each Nationally Recognized Statistical Rating Organization. I had noted that the 2012 report was not an impressive document. Much the same can be said for the 2013 version of … Continue reading
January 27, 2014 in Regulation | Permalink | No Comments
January 24, 2014
Preserving Low-Income Housing
NYC Mayor De Blasio announced an aggressive goal of producing and preserving 200,000 units of affordable housing over the next ten years. New York City will need to be as creative as possible to achieve this goal and will need … Continue reading
January 24, 2014 in Regulation | Permalink | No Comments
January 21, 2014
Shiller on Primitive Housing Finance
Robert Shiller has posted Why Is Housing Finance Still Stuck in Such a Primitive Stage? The abstract for this brief discussion paper reads: The institutions for financing owner-occupied housing have not progressed as they should, and the financial innovation that … Continue reading
January 21, 2014 in Regulation | Permalink | No Comments
January 16, 2014
Mortgage REITs and Other Frights
The Office of Financial Research in the Department of the Treasury has released its 2013 Annual Report. It describes a number of things that should scare you as you put your head on your pillow at night and dream of … Continue reading
January 16, 2014 in Regulation | Permalink | No Comments
January 15, 2014
State of the Union’s Rental Housing
The Joint Center for Housing Studies of Harvard University released its report, America’s Rental Housing: Evolving Markets and Needs. The report notes that Rental housing has always provided a broad choice of homes for people at all phases of life. … Continue reading
January 15, 2014 in Regulation | Permalink | No Comments
