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ID:
125102
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Publication |
2013.
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Summary/Abstract |
PRESIDENT OBAMA and Congress continue to wrestle with competing ideas to fix America's housing crisis, ranging from abolishing Fannie Mae and Freddie Mac to introducing new regulations for repairing the rickety mortgage-financing system years after it crashed. To understand the enduring nature of today's housing-system mess, it is not really necessary to do much more than to look backward. To look, that is, at the careers of two former prominent politicians, each of whom has played an integral role in American finance in recent decades.
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2 |
ID:
174250
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Summary/Abstract |
ST. AIDAN’S CATHOLIC CHURCH, built in 1911, sat in the middle of a relatively dense and highly desirable residential area in Brookline, Massachusetts. It was, among other things, President John F. Kennedy’s childhood church and the site of his baptism. In 1999, the Archdiocese of Boston merged the shrinking parish with one across town and sought to redevelop the land to create new housing. About one year after closing the church, the diocese was working on a plan to raze the structure and build a six story, 140‐unit residential building with 92 affordable units and 48 market‐rate units.
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