Rebuilding Place in the Urban Space

"A community’s physical form, rather than its land uses, is its most intrinsic and enduring characteristic." [Katz, EPA] This blog focuses on place and placemaking and all that makes it work--historic preservation, urban design, transportation, asset-based community development, arts & cultural development, commercial district revitalization, tourism & destination development, and quality of life advocacy--along with doses of civic engagement and good governance watchdogging.

Friday, July 25, 2008

A simple way to "solve" the foreclosure crisis

would be to shift to 40 year mortgages for people with a greater difficulty for paying at current rates, given changes in housing values and interest rates. So what if they spend more money over 10 more years. It's still likely cheaper than paying rent, even without the mortgage interest deduction.

Labels:

0 Comments:

Post a Comment

<< Home