Monday, August 23, 2010

Around the Block: Financial Futurama Edition

Former Senior VP for Fannie Mae Speaks Last Wednesday, August 18, Barry Zigas former Senior VP and NHC board member, spoke on CSPAN about the future of Fannie Mae and Freddie Mac.

Public Transportation: A Life Saver The American Public Transportation Association (APTA) released “Evaluating Public Transportation Health Benefits,” a comprehensive survey of recent research on smart growth communities, argues that people who live near high-quality public transportation ”drive less, exercise more, live longer, and are generally healthier than residents of communities without high-quality public transportation.”

Post-Bubble Burst The housing market will eventually recover but never again reach the same cache it had before the bubble burst, according to a New York Times article. Dean Baker, co-director for the Center for Economic Policy and Research, estimates it will take 20 years to recoup the $6 trillion of housing wealth lost since 2005.

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