Trump Budget: Air Traffic Control Privatization Proposed | Fortune.com:
What could possibly go wrong?
Thursday, March 16, 2017
The super-rich in London: they live amongst us, but you won’t run into them (if they can help it) | British Politics and Policy at LSE
The super-rich in London: they live amongst us, but you won’t run into them (if they can help it) | British Politics and Policy at LSE
"Of course this is now a world of pronounced inequality and one in which the public realm and social investment are increasingly at stake in a political vision of the world in which trickle-down economics and naked personal ambition are feted by politicians and think-tanks. The result of these inequalities and social conditions is the production of urban anxieties that translate into bunker style homes as well as the opulent display of defensive measures like remotely accessed gated developments, as affluent residents of the street in Lanchester’s novel Capital learn ‘we want what you’ve got’."
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The same is true in the US.
"Of course this is now a world of pronounced inequality and one in which the public realm and social investment are increasingly at stake in a political vision of the world in which trickle-down economics and naked personal ambition are feted by politicians and think-tanks. The result of these inequalities and social conditions is the production of urban anxieties that translate into bunker style homes as well as the opulent display of defensive measures like remotely accessed gated developments, as affluent residents of the street in Lanchester’s novel Capital learn ‘we want what you’ve got’."
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The same is true in the US.
Monday, March 13, 2017
State lawmakers from Miami-Dade submit condo reform law | Miami Herald
State lawmakers from Miami-Dade submit condo reform law | Miami Herald: "After decades of struggling against a condo regulatory system that experts say perpetuates impunity and makes it easy to commit fraud, thousands of condominium owners in Florida may finally see substantial changes in state laws.
Earlier this month, state senators and representatives from Miami-Dade filed a bill that includes 21 reforms to Chapter 718 of the Florida statutes. The reforms seek to correct gaps in the laws and establish criminal penalties for some irregularities in the administration of condos.
The plan classifies falsification of documents, an offense that now carries no legal consequences, as a third degree felony and sets prison terms. It also criminalizes electoral fraud, such as the falsification of signatures on ballots for condo boards of directors, and refusing access to administrative records with the intent to cover up crimes.
The proposal came one year after el Nuevo Herald and Univision 23 published a series of investigative stories on condo abuses in South Florida, like electoral fraud, falsification of signatures, conflicts of interest, embezzlement and cases of fraudulent bidding.
The series also exposed the lack of enforcement by authorities, from local police departments who refused to investigate allegations of fraud, to widespread negligence at the state agency in charge of enforcing condo laws and regulations and investigating complaints."
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HOAs and condo association private governments are vulnerable to embezzlement and fraud, as well as election fraud and manipulation, because in many situations there is virtually no oversight of their actions. Often only a handful of owners are even paying attention to what the association is doing, there is no public disclosure of finances, and state and local governments rarely take an interest in financial oversight of associations. Obviously there should be criminal penalties for fraud and embezzlement, and local prosecutors should take these cases seriously instead of telling people to to away and file a civil suit. But the threat of criminal prosecution alone won't solve the problems. There need to be other incentives, such as some form of mandatory public disclosure of association finances--not just to people who have already signed a contract to buy, and more free or low-cost education programs for all owners.
Also, we need to keep in mind that the rule of law only works in any society if 99% of the time arrest and prosecution are unnecessary. Informal norms have to govern people's behavior so that they behave legally without having any contact with enforcement authorities. Most of the time that is true of association directors and officers, but if we want to improve this situation then a lot more sunlight on association finances is necessary.
Earlier this month, state senators and representatives from Miami-Dade filed a bill that includes 21 reforms to Chapter 718 of the Florida statutes. The reforms seek to correct gaps in the laws and establish criminal penalties for some irregularities in the administration of condos.
The plan classifies falsification of documents, an offense that now carries no legal consequences, as a third degree felony and sets prison terms. It also criminalizes electoral fraud, such as the falsification of signatures on ballots for condo boards of directors, and refusing access to administrative records with the intent to cover up crimes.
The proposal came one year after el Nuevo Herald and Univision 23 published a series of investigative stories on condo abuses in South Florida, like electoral fraud, falsification of signatures, conflicts of interest, embezzlement and cases of fraudulent bidding.
The series also exposed the lack of enforcement by authorities, from local police departments who refused to investigate allegations of fraud, to widespread negligence at the state agency in charge of enforcing condo laws and regulations and investigating complaints."
-----
HOAs and condo association private governments are vulnerable to embezzlement and fraud, as well as election fraud and manipulation, because in many situations there is virtually no oversight of their actions. Often only a handful of owners are even paying attention to what the association is doing, there is no public disclosure of finances, and state and local governments rarely take an interest in financial oversight of associations. Obviously there should be criminal penalties for fraud and embezzlement, and local prosecutors should take these cases seriously instead of telling people to to away and file a civil suit. But the threat of criminal prosecution alone won't solve the problems. There need to be other incentives, such as some form of mandatory public disclosure of association finances--not just to people who have already signed a contract to buy, and more free or low-cost education programs for all owners.
Also, we need to keep in mind that the rule of law only works in any society if 99% of the time arrest and prosecution are unnecessary. Informal norms have to govern people's behavior so that they behave legally without having any contact with enforcement authorities. Most of the time that is true of association directors and officers, but if we want to improve this situation then a lot more sunlight on association finances is necessary.
Where Segregation Has Worsened the Housing Divide - CityLab
Where Segregation Has Worsened the Housing Divide - CityLab:
Over the last two decades, America has become increasingly polarized by both class and geography. As the middle class and its neighborhoods have declined, our nation has increasingly divided into rich and poor, and neighborhoods of concentrated affluence have become surrounded by larger spans of concentrated disadvantage.
This pattern is both reflected and reinforced by housing prices. An analysis released today by the real estate company Trulia finds considerable overlap between racial segregation and polarization of housing values across America’s 100 largest metropolitan areas.
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Gated communities in particular, and CIDs in general, seem to have contributed to income segregation. They are usually targeted narrowly to certain bands of the income distribution, and their enforced uniformity in design, etc., caters to common tastes and lifestyles.
Over the last two decades, America has become increasingly polarized by both class and geography. As the middle class and its neighborhoods have declined, our nation has increasingly divided into rich and poor, and neighborhoods of concentrated affluence have become surrounded by larger spans of concentrated disadvantage.
This pattern is both reflected and reinforced by housing prices. An analysis released today by the real estate company Trulia finds considerable overlap between racial segregation and polarization of housing values across America’s 100 largest metropolitan areas.
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Gated communities in particular, and CIDs in general, seem to have contributed to income segregation. They are usually targeted narrowly to certain bands of the income distribution, and their enforced uniformity in design, etc., caters to common tastes and lifestyles.
Sunday, March 12, 2017
Homeowner and HOA engage in bluebonnet battle | kens5.com
Homeowner and HOA engage in bluebonnet battle | kens5.com
At the Park At Two Creeks they have a homeowners association that says each yard has to be well manicured with no weeds and grass cut below six inches. But one property is causing a bit of a disturbance. "We are passionate about our bluebonnets," said Dee Ann Havely, who has lived in the subdivision for 5.5 years, when her bluebonnet bonanza began. "I planted the first ones. They were just small plants five years ago." But now there are hundreds of them covering much of her front yard..."I think common sense tells you: Sometimes rules are meant to be broken," she said. "And I think these flowers should stay."
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Interesting philosophy of rule enforcement. Her "common sense" tells her that sometimes rules are meant to be broken, and by amazing coincidence the rule she has broken is the one that is meant to be broken.
At the Park At Two Creeks they have a homeowners association that says each yard has to be well manicured with no weeds and grass cut below six inches. But one property is causing a bit of a disturbance. "We are passionate about our bluebonnets," said Dee Ann Havely, who has lived in the subdivision for 5.5 years, when her bluebonnet bonanza began. "I planted the first ones. They were just small plants five years ago." But now there are hundreds of them covering much of her front yard..."I think common sense tells you: Sometimes rules are meant to be broken," she said. "And I think these flowers should stay."
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Interesting philosophy of rule enforcement. Her "common sense" tells her that sometimes rules are meant to be broken, and by amazing coincidence the rule she has broken is the one that is meant to be broken.
Friday, March 10, 2017
HOA buys personal alarms for kids following attempted abduction - Story | WOFL
HOA buys personal alarms for kids following attempted abduction - Story | WOFL:
"The community is not waiting for law enforcement to increase their sense of security. Instead, they are footing the bill for each kid to have a personal alarm. "We've raised over $2,000 in the past couple of days," said parent Stephanie Lerret. "It's a dual-button switch where the student has to hit both buttons to activate if they're in an uncomfortable situation."
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I can't tell from the article whether or not this headline is correct. "HOA buys" suggests that the association is using their funds to buy the alarms. But the body of the article seems to suggest that parents, or the association BOD, are raising money from voluntary contributions and buying the alarms with those funds. The latter approach seems more likely to me, given that using money from assessments for an expense like this could be questioned.
"The community is not waiting for law enforcement to increase their sense of security. Instead, they are footing the bill for each kid to have a personal alarm. "We've raised over $2,000 in the past couple of days," said parent Stephanie Lerret. "It's a dual-button switch where the student has to hit both buttons to activate if they're in an uncomfortable situation."
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I can't tell from the article whether or not this headline is correct. "HOA buys" suggests that the association is using their funds to buy the alarms. But the body of the article seems to suggest that parents, or the association BOD, are raising money from voluntary contributions and buying the alarms with those funds. The latter approach seems more likely to me, given that using money from assessments for an expense like this could be questioned.
Thursday, March 09, 2017
These States Aren’t Waiting for Trump to Get Funds for Infrastructure
These States Aren’t Waiting for Trump to Get Funds for Infrastructure: "Republican leaders from at least six states are pushing to raise gasoline taxes or other fees to pay for upgrading roads and bridges, saying they can’t count on President Donald Trump’s $1 trillion infrastructure plan to deliver what they need.
“If a giant golden goose with a red and white and blue flag on it flies over Indiana and drops a golden egg, first we’re going to make sure it’s a golden egg and not some other dropping,” said state Representative Ed Soliday, a Republican who is helping to lead an effort that would raise the state gas tax in Indiana to 28 cents per gallon (from 18 cents), increase registration fees and explore tolling."
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See the post below on the nation's crumbling infrastructure. Tax increases, folks. There is no way around it.
“If a giant golden goose with a red and white and blue flag on it flies over Indiana and drops a golden egg, first we’re going to make sure it’s a golden egg and not some other dropping,” said state Representative Ed Soliday, a Republican who is helping to lead an effort that would raise the state gas tax in Indiana to 28 cents per gallon (from 18 cents), increase registration fees and explore tolling."
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See the post below on the nation's crumbling infrastructure. Tax increases, folks. There is no way around it.
America's infrastructure still rates no better than D+, engineering experts say | US news | The Guardian
America's infrastructure still rates no better than D+, engineering experts say | US news | The Guardian: "America is literally falling apart. The most authoritative report of the nation’s infrastructure gave the country’s crumbling roads, bridges, dams, schools and other essential underpinnings a D+ grade on Thursday. Not a single element of America’s framework received an A grade. The American Society of Civil Engineers’ quadrennial infrastructure “report card” painted a grim picture of the US’s backbone. According to the organization’s analysis, there hasn’t been much improvement in the state of America’s transportation, water, energy, education and waste management programs since the last report was released, in 2013...The report comes after Donald Trump pledged to rebuild America’s broken infrastructure on the campaign trail, plans that appear to have stalled amid a backlash against government spending. It also comes after a series of disasters, including lead in the water of Flint, Michigan, and other municipalities, and the evacuation of 20,000 in California after the near-collapse of a major dam."
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We are drowning in fake crises that politicians use to generate fear so they can control people. Here's a real crisis, and one that only government can solve. Trump talks about it, but has no proposal that will work. Shoveling more tax credits to big business is not going to lead them to suddenly start paying for rebuilding bridges and constructing high-speed rail.
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We are drowning in fake crises that politicians use to generate fear so they can control people. Here's a real crisis, and one that only government can solve. Trump talks about it, but has no proposal that will work. Shoveling more tax credits to big business is not going to lead them to suddenly start paying for rebuilding bridges and constructing high-speed rail.
Miami Worldcenter secures bond financing through community development district - South Florida Business Journal
Miami Worldcenter secures bond financing through community development district - South Florida Business Journal
"The $74.1 million was one of the largest CDD bond issuances in South Florida in recent years. For Miami Worldcenter, the CDD bonds will fund street improvements, modernized mass transit stations, new landscaping, widened sidewalks, more water and sewer capacity, electrical work, and new street lights. Located on the north side of downtown Miami, the $2 billion Miami Worldcenter will include condos, apartments, retail, restaurants, and a hotel/convention center."
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Florida has hundreds of these multiple-function special districts that are the building industry's new substitute for cities. Special districts like this can issue bonds and do most of the things that municipalities can do, but they don't have to operate on the one person, one vote principle. They can allocate voting control on the basis of property ownership. That way developers can make all the decisions for the district as long as they control most of the acreage, which might be forever. That comes in handy. Imagine that the subdivision has the same boundaries as the special district. If you buy a home in the subdivision, you are a taxpayer for the district and there is a line on your property tax bill for the amount you pay to the district. Developers have been known to make nice deals with themselves before they sell any of the lots. They have the district they control purchase the common elements from themselves (as owner of all the property in the subdivision). Then tens of millions of dollars from the bond sale goes straight into the developer's pocket, and the bondholders get paid off over the next few decades from the property taxes paid by the residents of the district, who are none other than the people who buy the units in the subdivision.
Portland homeowners win reprieve from maintaining city's trees | OregonLive.com
Portland homeowners win reprieve from maintaining city's trees | OregonLive.com
"Portland Mayor Ted Wheeler plans to quash an effort by city bureaucrats to quietly expand homeowners' responsibilities to care for trees on city-owned land.The proposed new rule would have required Portland property owners to cut down dangerous trees on city property adjacent to their land, even if the trees were located far from the private property...The change would have, for instance, cost at least three Southwest Portland homeowners as much as $3,500 by making clear that they are responsible for cutting down trees more than 50 feet away and inaccessible from their property Current code requires property owners to take care of dying or dangerous trees on their own property, "any adjacent sidewalks, planting strips and trees fronting or upon such private property." The changes would have added "adjacent unimproved or partially-improved rights-of-way" to the places where private property owners are required to remove problem trees."
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I have always found it interesting that city governments impose on homeowners the responsibility to maintain public property. It is common to require them to shovel snow from sidewalks, for example. But dealing with dangerous trees is a much bigger responsibility. It is expensive and requires judgment. And extending that responsibility to adjacent areas is quite a step.
Lake Charleston homeowners ask HOA for security cameras in neighborhoods after attempted abductions - wptv.com
Lake Charleston homeowners ask HOA for security cameras in neighborhoods after attempted abductions - wptv.com
Now Harman says he and his wife are pushing for security cameras in the Lake Charleston Community. "One camera for their AC unit, one camera for their clubhouse," said Harman naming the surveillance that exists at the community clubhouse. "Nothing for security wise for the community itself."
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So before making a decision, the HOA is asking the Sheriff's office to do a survey to find out what other associations are doing. I find that a strange request. Are the public law enforcement officials supposed to serve as private security consultants for HOAs?
Monday, March 06, 2017
HOA critics: Proposed Missouri legislation won’t protect homeowners | The Kansas City Star
HOA critics: Proposed Missouri legislation won’t protect homeowners | The Kansas City Star: "Missouri homeowners longing for more accountability in their homeowners associations and protection from overzealous HOA boards may not find the answers they want in legislation recently proposed in the state House and Senate.
While proponents say the measures will safeguard homeowners and ensure that they know what they’re getting into when buying a home in an HOA, some homeowner advocates say the proposals — one is called the Missouri Homeowners’ Bill of Rights — are so watered down that they instead protect the $85 billion HOA industry."
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Toward the bottom the article notes that there is pending legislation in a number of states now. So are we in the middle of a new wave of attempts at HOA/condo reform? There is a certain predictability to this. The people who identify themselves as "homeowner advocates" are opposed to anything CAI is for, but they don't have a well-defined counter-agenda of their own. They are divided between abolitionists who want to destroy the entire institution of common interest housing and reformers who think it can be made to work better. That's why the outcome of these struggles is are almost always either CAI-backed bills that pass, or nothing at all passes.
While proponents say the measures will safeguard homeowners and ensure that they know what they’re getting into when buying a home in an HOA, some homeowner advocates say the proposals — one is called the Missouri Homeowners’ Bill of Rights — are so watered down that they instead protect the $85 billion HOA industry."
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Toward the bottom the article notes that there is pending legislation in a number of states now. So are we in the middle of a new wave of attempts at HOA/condo reform? There is a certain predictability to this. The people who identify themselves as "homeowner advocates" are opposed to anything CAI is for, but they don't have a well-defined counter-agenda of their own. They are divided between abolitionists who want to destroy the entire institution of common interest housing and reformers who think it can be made to work better. That's why the outcome of these struggles is are almost always either CAI-backed bills that pass, or nothing at all passes.
Why Cities Can't 'Manage Decline' - CityLab
Why Cities Can't 'Manage Decline' - CityLab: "Policy, in its simplest form, is just jargon for group desire, marshaled through influential people. Desire comes down to fear or hope, as Dutch philosopher Baruch Spinoza famously insisted. When fear is your dominant driver, the policy becomes one of scarcity and security. When hope is dominant, the policy is viewed through possibility and aspiration. The key, here, is while “serious” policy decisions are supposed to be “smart,” they are derived viscerally. No wonder so many gut decisions on things like urban renewal end poorly."
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So why, says Richey Piiparinen, should cities like Cleveland assume that they will continue to decline, when nobody knows what the future may hold for any city?
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So why, says Richey Piiparinen, should cities like Cleveland assume that they will continue to decline, when nobody knows what the future may hold for any city?
Wednesday, March 01, 2017
Man blew up his own house in Wales because he was depressed at being 50 | Metro News
Man blew up his own house in Wales because he was depressed at being 50 | Metro News:
Geez. What's he doing to do when he hits the big six-oh?
Geez. What's he doing to do when he hits the big six-oh?
Construction Defects in Community Associations
Construction Defects in Community Associations:
CAI has a report out on proposed state laws to make it harder for HOAs and condo associations to sue developers for construction defects. They say that, "As of February 28, legislation has been introduced in Arizona, Colorado, Florida, Massachusetts, Maryland, Minnesota, New Jersey, Oregon, Texas, Utah and Washington." Developers and contractors have political influence and often can persuade lawmakers that CD litigation raises the price of housing. Really? If building correctly is too much of a burden, maybe they should find another livelihood. Because if they build it right in the first place, there shouldn't be a CD lawsuit--or at least, not a legitimate one. There have been some fraudulent CD cases, such as the ones filed in the Las Vegas HOA fraud ring led (or fronted, depending on who you believe) by contractor Leon Benzer. But most CD suits are legitimate, and often the owners have no real alternative but litigation because the damages may not be covered by insurance and they can't afford to pay millions to fix the defective construction out of their own pockets. So I think state legislatures should tread carefully here. If defects go unrepaired, there are adverse consequences for the owners and maybe the whole neighborhood.
CAI has a report out on proposed state laws to make it harder for HOAs and condo associations to sue developers for construction defects. They say that, "As of February 28, legislation has been introduced in Arizona, Colorado, Florida, Massachusetts, Maryland, Minnesota, New Jersey, Oregon, Texas, Utah and Washington." Developers and contractors have political influence and often can persuade lawmakers that CD litigation raises the price of housing. Really? If building correctly is too much of a burden, maybe they should find another livelihood. Because if they build it right in the first place, there shouldn't be a CD lawsuit--or at least, not a legitimate one. There have been some fraudulent CD cases, such as the ones filed in the Las Vegas HOA fraud ring led (or fronted, depending on who you believe) by contractor Leon Benzer. But most CD suits are legitimate, and often the owners have no real alternative but litigation because the damages may not be covered by insurance and they can't afford to pay millions to fix the defective construction out of their own pockets. So I think state legislatures should tread carefully here. If defects go unrepaired, there are adverse consequences for the owners and maybe the whole neighborhood.
Monday, February 27, 2017
Grant Co. leaders: Ark Encounter doesn't live up to economic promise
Grant Co. leaders: Ark Encounter doesn't live up to economic promise:
"The county is teetering on bankruptcy and is trying to balance the budget. Wood said they were to the point where jobs may have to be cut. He will propose a 2% payroll tax at next week’s fiscal court meeting. He blames prior fiscal courts for the budget crisis, not the Ark. But he said the Ark had not lived up to its promise. “I was one of those believers that once the Ark was here everything was going to come in. But it’s not done it. It’s not done it. I think the Ark’s done well and I’m glad for them on that. But it’s not done us good at all.”"
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So the county's ship didn't come in?
"The county is teetering on bankruptcy and is trying to balance the budget. Wood said they were to the point where jobs may have to be cut. He will propose a 2% payroll tax at next week’s fiscal court meeting. He blames prior fiscal courts for the budget crisis, not the Ark. But he said the Ark had not lived up to its promise. “I was one of those believers that once the Ark was here everything was going to come in. But it’s not done it. It’s not done it. I think the Ark’s done well and I’m glad for them on that. But it’s not done us good at all.”"
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So the county's ship didn't come in?
Friday, February 24, 2017
Frannie: Privatization Is A Pipe Dream - Fannie Mae (OTCMKTS:FNMA) | Seeking Alpha
Frannie: Privatization Is A Pipe Dream - Fannie Mae (OTCMKTS:FNMA) | Seeking Alpha: "Summary: The prospects for GSE privatization have been significantly reduced due to setbacks in the courts.
The arguments in support of investing in the GSEs are weak, and these stocks have further downside from Mnuchin and the U.S Treasury.
While most of the downside is over, Fannie and Freddie are still compelling shorts."
The arguments in support of investing in the GSEs are weak, and these stocks have further downside from Mnuchin and the U.S Treasury.
While most of the downside is over, Fannie and Freddie are still compelling shorts."
Thursday, February 23, 2017
Dismal Results From Vouchers Surprise Researchers as DeVos Era Begins - NYTimes.com
Dismal Results From Vouchers Surprise Researchers as DeVos Era Begins - NYTimes.com: "But even as school choice is poised to go national, a wave of new research has emerged suggesting that private school vouchers may harm students who receive them. The results are startling — the worst in the history of the field, researchers say."
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Privatization has been sold by ideologues as a utopian program of private alternatives that were supposedly always better than public sector service provision. But in one policy area after another, the results have not lived up to the hype. But the private service providers will continue to oversell their wares because they make a fortune.
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Privatization has been sold by ideologues as a utopian program of private alternatives that were supposedly always better than public sector service provision. But in one policy area after another, the results have not lived up to the hype. But the private service providers will continue to oversell their wares because they make a fortune.
Monday, February 20, 2017
Homeowners outraged that Millennium developers, HOA won't share building's rescue strategy - San Francisco Business Times
Homeowners outraged that Millennium developers, HOA won't share building's rescue strategy - San Francisco Business Times:
"A strategy proposed by the developer and HOA of San Francisco's sinking, tilting Millennium Tower to fix the building is coming under fire this week from homeowners, who are frustrated that the group refuses to detail its repair strategy...Last August, it was revealed that the 58-story Millennium Tower has sunk more than a foot and is leaning two inches, and now faces a rash of lawsuits from both regulators and angry homeowners worried about their investment in the $350 million building.
Thus far, the San Francisco City Attorney has sued the developer, while two Millennium Tower homeowners have filed a civil claim against both the city and their neighboring Transbay Joint Powers Authority, and a separate group of 20 homeowners has sued Millennium Partners, San Francisco’s Department of Building Inspection, the City Attorney and the Transbay Joint Powers Authority for allegedly conspiring to withhold information about the building's structural issues."
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The situation is in mediation. The association says they are bound by the mediation agreement not to talk about the repair plans. That would be consistent with normal procedures for any mediation. But big HOA disputes tend to spawn multiple claims by various people that can make settlement difficult.
"A strategy proposed by the developer and HOA of San Francisco's sinking, tilting Millennium Tower to fix the building is coming under fire this week from homeowners, who are frustrated that the group refuses to detail its repair strategy...Last August, it was revealed that the 58-story Millennium Tower has sunk more than a foot and is leaning two inches, and now faces a rash of lawsuits from both regulators and angry homeowners worried about their investment in the $350 million building.
Thus far, the San Francisco City Attorney has sued the developer, while two Millennium Tower homeowners have filed a civil claim against both the city and their neighboring Transbay Joint Powers Authority, and a separate group of 20 homeowners has sued Millennium Partners, San Francisco’s Department of Building Inspection, the City Attorney and the Transbay Joint Powers Authority for allegedly conspiring to withhold information about the building's structural issues."
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The situation is in mediation. The association says they are bound by the mediation agreement not to talk about the repair plans. That would be consistent with normal procedures for any mediation. But big HOA disputes tend to spawn multiple claims by various people that can make settlement difficult.
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