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This investment trend, which flourished from 2005 until the financial crisis hit in 2008, threatened a cherished pillar of urban policy - affordable housing, which has long been regarded as essential for maintaining vibrant diversity in our cities. The victims are among the huge numbers of Americans (estimated at close to 100 million before the latest housing boom promoting homeownership) who rent their primary residences - poor, working-class and even middle-class folks - who have been overshadowed in the deluge of media coverage of the debacle in single-family housing. (Affordable housing refers to that costing no more than a third...

Author: /time Magazine | Title: Should Private Equity Invest in Residential Real Estate? | 1/20/2010 | See Source »

...while both countries struggled with democracy, economically they began to diverge. Haiti had long been exploited, by foreign powers, neighbors and its own rulers. France not only milked Haiti for coffee and sugar production but also extracted an indemnity from it: the young nation had to pay a burdensome sum to its former colonizer in order to achieve France's diplomatic recognition. The lighter-skinned Dominicans looked down on the darker-skinned Haitians: in 1965, even as the Dominican Republic was embroiled in civil war, Haitians were working in Dominican fields and not the other way around. And while Trujillo...

Author: /time Magazine | Title: Haiti and the Dominican Republic: A Tale of Two Countries | 1/19/2010 | See Source »

Today, with a lack of resources and a much higher population density than its neighbor, Haiti is the poorest country in the western hemisphere. The U.N. has sent peacekeeping missions to maintain order there since the mid-1990s, but terrible conditions persist. Haiti's dismal statistics have a long history; no devil is necessary...

Author: /time Magazine | Title: Haiti and the Dominican Republic: A Tale of Two Countries | 1/19/2010 | See Source »

...people who emplace such devices ... These are fundamentally worthy objectives, but relying on them exclusively baits intelligence shops into reacting to enemy tactics at the expense of finding ways to strike at the very heart of the insurgency ... and, as a result, expose more troops to danger over the long run." In other words, it's not about protecting us or avenging our losses; it's about understanding Afghans and enabling their security forces to take over as soon as possible. And that's a more difficult...

Author: /time Magazine | Title: Afghanistan: Limits of 'Winning Hearts and Minds' | 1/19/2010 | See Source »

...pave a road than to work with often fractious local officials to figure out the provision of services for their communities. And militarily speaking, it is a lot easier to tackle the guy who is planting IEDs than the one who is spreading false rumors. Yet in the long run, it is the more difficult tasks that will bear the most results. Flynn, Pottinger and Batchelor compare the war to a political campaign, albeit a violent one: "If an election campaign spent all of its effort attacking the opposition and none figuring out which districts were undecided, which were most...

Author: /time Magazine | Title: Afghanistan: Limits of 'Winning Hearts and Minds' | 1/19/2010 | See Source »

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