It will then outline three ethics that inform housing policy. First, it will provide some context for American housing policy discussions. To help answer the question, this essay will proceed as follows. The issues that we are struggling with now are, in many ways, the equivalent of the issues that we struggled with during the Great Depression: what should housing policy look like and what decisions should be made in the next five years or so to bring us from crisis to stability? In all likelihood our answer to this question will define the housing market for generations. This essay is a lightly-edited version of a talk given at the “Federal Housing Finance Policy, Secondary Mortgage Market Issues: Causes and Cures, Secondary Mortgage Market Reform” symposium at Hamline University School of Law. As long as people feel invested in the borough, they'll make it possible for Steve and whoever comes after to keep the progress going.Reforming the Residential Mortgage-Backed Securities Marketĭavid J. So many people in Brooklyn now expect government to function and be responsive. The bar has been raised in post-Bloomberg Brooklyn. Brooklyn has really reached a turning point. When I grew up, people were nostalgic for the good old days. The nostalgia here is over Brooklyn is the world again. These changes don't reverse very quickly and easily.įisher: He'll be a mayor from Brooklyn, so it's got to be a good thing for all of us.
It's taking better public goods, like parks, to do it, and you don't need rose colored glasses to see that. So many neighborhoods have excellent public spaces which is ameliorating inequality in the near term. That spread throughout Brooklyn is here to stay.
#David reiss brooklyn zoning professional
There's a much bigger swatch of Brooklyn that will be professional office workers, people who are working in Manhattan and not in traditional blue collar jobs. Yassky: A lot of the changes you've seen are here to say. Are there policies out there that can have an impact? How can we keep the middle class in the neighborhood? But everyone wants the same thing: a safe, affordable and reasonable place to raise a family. We want good schools without pricing out large numbers of our community. We're being able to achieve balance between affordable housing and not overburdening current infrastructure. Steve Levin: There's not as much crime, there's no Mafia at the solid waste facility but still, there are overcrowded families looking for affordable housing. It was a reflection of it being a great place to live in. A good bulk of people in Williamsburg and Greenpoint were families who couldn't afford buying apartments in 2003, 2004 and it got truer and truer. All the specific challenges were informed by neighborhood change. The L train was too crowded and Borough Hall (station) was a giant mess. Schools were an issue I heard about from constituents, as were transportation issues. David Yassky: Of course it was different by 2002 when I started.
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