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"We have not so far seen evident spillovers from housing into other sectors," Mr. Bernanke said.
You're going to bring affordable housing into our midst,"' she said.
The homeless have no way of turning their need for housing into "effective demand" backed up by money.
Condemning the very rent controls he once enforced, he said that they had turned housing into a disaster.
In effect, they are redefining "affordable housing" into a term so broad as to be almost meaningless.
Add a complete lack of affordable housing into the mix, and things are looking pretty sorry indeed for this country's stock of young people.
"There is a direct coupling there," Mr. Nardelli said in a speech to the Automotive Press Association, "and some negative spill from housing into the auto industry".
So much investment now is dependent on resources that will run out, such as public land or conversions of low rent social housing into affordable rent.
"We came up with the idea of apartments primarily because it was a way to fit the housing into the hill," Mr. Ginsburg said.
Developers such as Urban Splash, with its plans to turn rotting brutalist hulks of social housing into fashionable apartments, have made Sixties style the new Art Deco.
In Salto, the nearest city, Uruguay has converted former military housing into the Hotel Horacio Quiroga and burrowed into the hot springs.
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