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Unformatted text preview: -- However this trend ends up, the mortgage market will never be great.-- Home owners are not too big to fail -- there is a lot of risk involved.-- Think about risks as a whole rather than co-ops, publically, or privately owned? Gentrification : from gritty to trendy-start with an old neighborhood with older/poorer people-- some of the older houses are rehabilitated and richer people move in. Manhattanville: a land-banking scheme. -the stuff thats here now isn't columbia's competitor....
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This note was uploaded on 02/16/2011 for the course ECON 4228 taught by Professor O'flaherty during the Spring '11 term at Columbia.
- Spring '11