Class 5: 10/1/2018 Topics: Project pro formas Development budgets Income/expenses Public subsidies Residential mortgage finance and neighborhood impacts State of the mortgage finance system today Financial Exercise is available after this class on NYU Classes (due 10/8). PLEASE DO THE EXERCISE INDIVIDUALLY—DO NOT CONSULT ANYONE OTHER THAN FACULTY OR THE TA FOR THE EXERCISE. Readings: Congressional Research Service, January, 2017 “, https://www.fas.org/sgp/crs/misc/R42995.pdf. Course Pack: Miller and Geltner, Real Estate Principles for the New Economy: 14 - Cash “Chapter Flow” (2005): 289-303 only. (for financial exercise) NYU Classes: DeGiovanni et al., Bank-Ability: A Practical Guide to Real Estate Financing for Nonprofit Developers (1996): 1-23. (for financial exercise) Rugh and Massey, Segregation and the Foreclosure Crisis” (American “Racial Sociological Review 2010) Pages 1-7 and Conclusion. Textbook: Jackson, Crabgrass Frontier: The Suburbanization of the United States (1985): 190- 218. Optional Assignment: Ira Glass podcast “ and the http://www.npr.org/templates/story/story.php?storyId=113195159 OR watch the movie Big Short.” “The Deliverable: 10/5/2018 Submit Revised Outlines electronically to all faculty members by 12 noon
Class 5: 10/1/2018 Topics: Project pro formas Development budgets Income/expenses Public subsidies Residential mortgage finance and neighborhood impacts State of the mortgage finance system today Financial Exercise is available after this class on NYU Classes (due 10/8). PLEASE DO THE EXERCISE INDIVIDUALLY—DO NOT CONSULT ANYONE OTHER THAN FACULTY OR THE TA FOR THE EXERCISE. Readings: Congressional Research Service, “, January, 2017 https://www.fas.org/sgp/crs/misc/R42995.pdf. Course Pack: Miller and Geltner, Real Estate Principles for the New Economy: “Chapter 14 - Cash Flow” (2005): 289-303 only. (for financial exercise) NYU Classes: DeGiovanni et al., Bank-Ability: A Practical Guide to Real Estate Financing for Nonprofit Developers (1996): 1-23. (for financial exercise) Rugh and Massey, “Racial Segregation and the Foreclosure Crisis” (American Sociological Review 2010) Pages 1-7 and Conclusion. Textbook: Jackson, Crabgrass Frontier: The Suburbanization of the United States (1985): 190- 218. Optional Assignment: Ira Glass “ podcast and the http://www.npr.org/templates/story/story.php?storyId=113195159 OR watch the movie “The Big Short.” Deliverable: 10/5/2018 Submit Revised Outlines electronically to all faculty members by 12 noon