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A blueprint for addressing the global affordable housing challenge

“Decent, affordable housing is fundamental to the health and well-being of people and to the smooth functioning of economies. Yet around the world, in developing and advanced economies alike, cities are struggling to meet that need. If current trends in urbanization and income growth persist, by 2025 the number of urban households that live in substandard housing—or are so financially stretched by housing costs that they forego other essentials, such as healthcare—could grow to 440 million, from 330 million. This could mean that the global affordable housing gap would affect one in three urban dwellers, about 1.6 billion people. A new McKinsey Global Institute (MGI) report, A blueprint for addressing the global affordable housing challenge, defines the affordability gap as the difference between the cost of an acceptable standard housing unit (which varies by location) and what households can afford to pay using no more than 30 percent of income. The analysis draws on MGI’s Cityscope database of 2,400 metropolitan areas, as well as case studies from around the world. It finds that the affordable housing gap now stands at $650 billion a year and that the problem will only grow as urban populations expand: current trends suggest that there could be 106 million more low-income urban households by 2025, for example. To replace today’s inadequate housing and build the additional units needed by 2025 would require $9 trillion to $11 trillion in construction spending alone. With land, the total cost could be $16 trillion. Of this, we estimate that $1 trillion to $3 trillion may have to come from public funding.”

Labor Department’s Office Web portal on accessible workplace technology

“The U.S. Department of Labor’s Office of Disability Employment Policy today announced the launch of http://www.PEATworks.org — a comprehensive Web portal spearheaded by ODEP’s Partnership on Employment & Accessible Technology. From educational articles to interactive tools, the website’s content aims to help employers and the technology industry adopt accessible technology as part of everyday business practiceContinue Reading

H.R.5490 – Wall Street Accountability through Sustainable Funding Act

Summary: H.R.5490 — 113th Congress (2013-2014) All Bill Information (Except Text). There is one summary for this bill. Bill summaries are authored by CRS. Shown Here: Introduced in House (09/16/2014) Wall Street Accountability Through Sustainable Funding Act – Amends the Commodity Exchange Act to require the Commodity Futures Trading Commission (CFTC) to impose fees to recover the costContinue Reading

Wiley Open Access publishes authoritative peer reviewed open access journals across many research disciplines

“Wiley Open Access journals are supported by a network of authoritative journals and societies as well as internationally renowned editorial board members. All research articles published in Wiley Open Access journals are immediately freely available to read, download and share. Wiley Open Access publishes a number of online journals across biological, chemical and health sciences.Continue Reading

CJEU and the Social Market Economy Goal of the EU

Šmejkal, Václav, CJEU and the Social Market Economy Goal of the EU (October 22, 2014). Charles University in Prague Faculty of Law Research Paper No. 2014/I/1. Available for download at SSRN: http://ssrn.com/abstract=2513377 “From the entry into force of the Lisbon Treaty the EU has among its constitutional objectives the goal of achieving a highly competitiveContinue Reading

The Chapman University Survey on American Fears

“Chapman University has initiated a nationwide poll on what strikes fear in Americans. The Chapman University Survey on American Fears included 1,500 participants from across the nation and all walks of life. The research team leading this effort pared the information down into four basic categories: personal fears, crime, natural disasters and fear factors. AccordingContinue Reading

New GAO – Managing for Results, Small Business Administration

MANAGING FOR RESULTS: Selected Agencies Need to Take Additional Efforts to Improve Customer Service, GAO-15-84: Published: Oct 24, 2014. Publicly Released: Oct 24, 2014: “Providing customer service has been a long-standing challenge for federal agencies. GPRAMA requires that agencies establish a balanced set of performance indicators to be used in measuring progress toward performance goals, including customer service.Continue Reading

Open Data Hub of the European Union

“This portal is about transparency, open government and innovation. The Open Data Portal will provide access to open public data from the European Union. It will also provide access to data of other Union institutions, bodies, offices and agencies at their request. The published data will be downloadable by everyone interested to facilitate reuse, linkingContinue Reading

The Facts on Immigration Today

Center for American Progress – Report by the CAP Immigration Team: “Immigration has been a constant source of economic vitality and demographic dynamism throughout our nation’s history. Immigrants are taxpayers, entrepreneurs, job creators, and consumers. But the immigration system is broken and in need of an overhaul. Although the U.S. border is now more secure than ever, decades ofContinue Reading

IBNET Water Supply and Sanitation Blue Book 2014

Danilenko, Alexander; van den Berg, Caroline; Macheve, Berta; Moffitt, L. Joe. 2014. The IBNET Water Supply and Sanitation Blue Book 2014 : The International Benchmarking Network for Water and Sanitation Utilities Databook. World Bank Group, Washington, DC. © World Bank. “Well-run water utilities play an important role in ending poverty and boosting shared prosperity. ConsumersContinue Reading

Bitcoin over Tor isn’t a good idea – Paper

Paper by Alex Biryukov, Ivan Pustogarov “Bitcoin is a decentralized P2P digital currency in which coins are generated by a distributed set of miners and transaction are broadcasted via a peer-to-peer network. While Bitcoin provides some level of anonymity (or rather pseudonymity) by encouraging the users to have any number of random-looking Bitcoin addresses, recent research shows that this level ofContinue Reading

FDIC Releases Economic Scenarios for 2015 Stress Testing

“The Federal Deposit Insurance Corporation (FDIC) today released the economic scenarios that will be used by certain financial institutions with total consolidated assets of more than $10 billion for stress tests required under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The baseline, adverse, and severely adverse scenarios include key variables that reflectContinue Reading