Christopher Leinberger argues that the fundamental cause of the mortgage meltdown was a "structural shift in market demand" from low-density suburbs to walkable urban housing.
As the federal government prepares to release a series of recommendations to restrucuture Fannie Mae and Freddie Mac, Leinberger believes many people still do not understand the fundamental cause of the meltdown.
"If you do not know the cause of the meltdown, how can you know what to fix to avoid it from happening again?"
Leinberger also discusses the need for reform of the mortgage market to include attention to what he calls "location effiecient mortgages," which take both housing and transportation costs into consideration when underwriting.
Read the full story: Federal Restructuring of Fannie and Freddie Ignores Underlying Cause of Crisis
Malign Neglect? Urban Policy in the Trump Era
How much do we have to fear from the president-elect's policy plans for urban America? We can hope that he will follow his party's playbook and largely ignore the cities, but potential changes to housing policy are more serious.
What Property Professors Are Writing About
A recent property professors' conference discussed a variety of issues of possible interest to planners including tightened home lending standards, municipal policies affecting the homeless, the Fair Housing Act, and inclusionary zoning.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
‘Going backwards:’ Baltimore mayor, students rally against state's transit funding plan
Maryland's proposed six-year plan provides no funding for Baltimore’s BMORE bus program and reduces its road maintenance funding.
Detroit to transform waterfront with $2.2 billion investment
Developers will convert about 18 acres of unused parking lot space into civic spaces.
LA to transform part of water treatment facility into new park
By rebuilding some of the Los Angeles-Glendale Water Reclamation Plant’s infrastructure, the city will free up 18,000 square feet to create a new green space for the public.
San Antonio approves $1.1 billion transit agenda
The agency has also begun construction of its Via Rapid Green line, which will service passengers from the San Antonio International Airport.
Guerilla urbanists’ DIY benches joined by sanctioned seats in Chicago
The group behind the original homemade benches said they will continue installing them across bench-less bus stops in Chicago.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
One Hundred Miles
County of Mendocino
planning NEXT
The Architects Foundation
University of Cincinnati Online
Montrose County
Northern Illinois Transit Authority (NITA)
The Pocatello Development Authority