SOCIOL 120 Lecture Notes - Lecture 10: Cohousing, Everytime, Super Senior
Document Summary
Final paper (keep context small and analysis big) Find offered solutions to issue and then compare and contrast what is best. Put in context of rise of mass incarceration. Mass incarceration driving private prisons (think of this in context of sources) Idea that housing policy is mainly about people owning a house (co-housing, collective housing solutions) Stream of income that is produced from them paying of their debt. Collateralized debt obligations: mortgage backed security is connected to something else (debt obligation: buying people obligation of paying debt to you) Packaged mortgages rated for risk and then investors could pick riskier mortgages for cheaper. Value kept increasing as more institutional actors entered the market. Shift toward shareholder value (where to invest as capital is piled up and mortgage back securities was there to make serious $) Mbss were originally linked to generating cash to be loaned to people to buy houses.
