Word: moneyitis
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...From a public policy standpoint, you can make a strong case that it is not desirable [for Wall Street money to be in this market], and equally strong you can say that housing regulators or authorities in New York and most other cities have been asleep at the wheel for the last five and 10 years - this stuff is going on everywhere," says Guy Cecala, CEO of Inside Mortgage Finance Publications, a stable of industry newsletters, who worries that the very idea of affordable housing is under threat...
...have done this, with this small a part of our portfolio, if we didn't actually think we were doing the right thing. Whether or not we executed as perfectly as we could - I'm sure that we made mistakes - our true intention here was to make money by doing good...
...first year of new owners, or about double that of a typical building in Manhattan, where the culture of tenant rights is stronger, according to a new study by affordable-housing advocates, the Association for Neighborhood and Housing Development. The study focused on New York City, where Wall Street money made the most inroads - capturing about 100,000 units (out of the city's 2.5 million), or about 10% of the city's rent-regulated apartments before the real estate bubble collapse. (See the worst business deals...
That's a serious amount of money, but it's the health benefits that are even more stunning. Using data from previous clinical trials on salt intake and blood pressure, the researchers found that reducing sodium by 3 g per day would be as good for the heart as cutting tobacco use by half, lowering one's body mass index 5% or taking statin medications to lower cholesterol. Even more surprising, cutting salt by 3 g per day was as effective in reducing death rates among people with hypertension as taking medication to control blood pressure. (See the 10 worst...
...money raised during her run will go toward relief efforts in Haiti conducted by AAP affiliates, she said. Over the past few days, Palfrey said, her colleagues have been sending supplies and medical personnel to Haiti through the Dominican Republic...