How Washington lobbyists fought flood insurance reform – POLITICO

The catastrophic weather in Texas has thrown the spotlight on the federal government’s troubled flood insurance program, which is nearly $25 billion in debt after huge payouts following Katrina, Sandy and other devastating hurricanes. But as Houston starts the long process of recovering, lobbyists in Washington have already maneuvered to slow lawmakers efforts’ to overhaul […]

Is Anybody Home at Ben Carson’s HUD?

This story is a collaboration between New York and ProPublica, an independent nonprofit newsroom. In mid-May, Steve Preston, who served as the secretary of Housing and Urban Development in the final two years of the George W. Bush administration, organized a dinner at the Metropolitan Club in Washington, D.C., for the new chief of that […]

The Walls We Won’t Tear Down – The New York Times

By RICHARD D. KAHLENBERGAUG. 3, 2017 close story-meta-footer close story-meta Photo Credit Golden Cosmos ONE hundred years ago, in a major advance for human dignity, the Supreme Court struck down a racial zoning law in Louisville, Ky., that prohibited nonwhites from moving into homes in majority-white areas. Laws like these, which existed in numerous cities […]

Real Estate Is Latest Target for Would-Be Disrupters – WSJ

A real-estate startup called Compass Inc. has hired hundreds of sales agents away from older rivals, collected $225 million from marquee investors and amassed a valuation of over $1 billion, all with the pitch that its software can make brokers more efficient. Real-estate veterans say they’re baffled by how the four-year-old firm, active in only […]

Something in the Airbnb: hosts anxious as New York begins crackdown | Technology | The Guardian

A war of words between Airbnb and New York, its largest market, has escalated with the first fine issued by the city in what is expected to be a crackdown on “hosts”. Tatiana Cames, a host who advertised “shabby chic” apartments in Brooklyn to tourists and business travelers, was fined $5,000. Penalties will escalate if […]