Former HUD Secretary Henry Cisneros says the housing crisis is the fault of brought unscrupulous business people, not the government.
In a recent speech to the National Association of Real Estate Editors, Cisneros said the government wasn't to blame for the crisis in the housing market -- at least not completely.
"'The real problem occurred not out of a governmental push, but out of a hijacking of the homeownership process by some unscrupulous interests,' Mr. Cisneros said to an audience of roughly 50 at the Hilton Austin hotel.
Mr. Cisneros did acknowledge some fault with federal housing policies of the 1990s and 2000s. There wasn't enough willingness to regulate, he said. Specifically, the feds missed opportunities in the 1990s to consider regulating risky financial instruments such as derivatives and complicated hedging strategies. 'It was bipartisan,' he said of the bias against regulation. 'Both the Clinton and Bush Administration chose not to do it.'"
FULL STORY: Cisneros: Profiteers, Not Government, To Blame for Housing Crisis

Rethinking Redlining
For decades we have blamed 100-year-old maps for the patterns of spatial racial inequity that persist in American cities today. An esteemed researcher says: we’ve got it all wrong.

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Walmart Announces Nationwide EV Charging Network
The company plans to install electric car chargers at most of its stores by 2030.

New State Study Suggests Homelessness Far Undercounted in New Mexico
An analysis of hospital visit records provided a more accurate count than the annual point-in-time count used by most agencies.

Michigan Bills Would Stiffen Penalties for Deadly Crashes
Proposed state legislation would close a ‘legal gap’ that lets drivers who kill get away with few repercussions.

Report: Bus Ridership Back to 86 Percent of Pre-Covid Levels
Transit ridership around the country was up by 85 percent in all modes in 2024.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
City of Moorpark
City of Tustin
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions