Residential Tuesday 2008.0923

[Kevin]

Dear Designers, Builders, and Dwellers,

Residential Tuesday brings you housing news and analysis weekly in this free newsletter from the editors of ArchitectureWeek.

Now housing is being blamed for Wall Street's own derivates trading melt-down - and yet housing is let burn, while Wall Street is to be rescued - again...

"The fox is guarding the hen house!" cried an out-of-order spectator as the Senate Banking Committee was wrapping up their bipartisan grilling of Treasury Secretary Paulson, Federal Reserve Chair Bernanke, SEC Chair Cox, and OFHEO Director Lockhart, over their proposed $700 billion Wall Street bailout fund, to be administered, with few if any strings (plus preemptive immunity), by the former John Ehrlichman aide and Goldman Sachs CEO Paulson.

And, one might add, having emptied the hen house voraciously, the fox would now like us to restock it with spam!

In the more temperate words of the New York Times...

"Treasury Secretary Henry M. Paulson Jr. received an angry
and skeptical reception on Tuesday when he appeared before
the Senate Banking Committee to ask Congress to promptly
give him wide authority to rescue the nation's financial
system.

"Mr. Paulson urged lawmakers "to enact this bill quickly and
cleanly, and avoid slowing it down with other provisions
that are unrelated or don't have broad support."

"The Federal Reserve chairman, Ben S. Bernanke, who appeared
with Mr. Paulson, said the financial system "continues to be
very unpredictable, and very worrisome," and that inaction
could lead to a recession.

"But one after another, senators from both parties said that,
while they were prepared to move fast, they were far from
ready to give the administration everything it wanted in its
proposed $700 billion plan to buy up and hopefully resell
troubled mortgage-backed securities."

Bailout Plan a Hard Sell on Capitol Hill
http://www.nytimes.com/2008/09/24/busin ... annie.html

For first-hand access to the gory details of questioning (and
the masterfully-evasive responses), the hearing video is available
online at C-Span...

Congress Reviews Bailout
tsp://video1.c-span.org/project/economy ... banking.rm


Residential Design and Building News
------------------------------------
Queensland System Better, Says Builder Who Fled North - Canberra Times, 2008.0923
http://www.canberratimes.com.au/news/na ... 79537.aspx

The Next Little Thing? - Globe and Mail, 2008.0922
http://www.theglobeandmail.com/servlet/ ... state/home

Taming of the Monster Home - Chicago Tribune, 2008.0922
http://www.chicagotribune.com/classifie ... 9214.story

Property Projects Hit the Wall - New Zealand Herald, 2008.0922
http://www.nzherald.co.nz/business/news ... d=10533040

Rescue Plan's Success Hinges on Housing Rebound - Globe and Mail, 2008.0922
http://www.theglobeandmail.com/servlet/ ... tory/Front

Harvard Study: Home Building and Remodeling Cyclical - Mortgage News Daily, 2008.0922
http://www.mortgagenewsdaily.com/092220 ... deling.asp

That House Will Be Nice - If It's Ever Finished - Chicago Business, 2008.0922
http://www.chicagobusiness.com/cgi-bin/ ... 2&seenIt=1

1000-Year-Old Quake-Proof Architecture - Telegraph (India), 2008.0922
http://www.telegraphindia.com/1080922/j ... 869079.jsp

A Modern Home Built Near Downtown Toledo Aims to Simplify Life - Toledo Blade, 2008.0921
http://toledoblade.com/apps/pbcs.dll/ar ... /809200237

Closing on a House? Proceed with Caution - Houston Chronicle, 2008.0920
http://www.chron.com/disp/story.mpl/bus ... 12637.html

The Closer: Rem Koolhaas' New Building - New York Daily News, 2008.0919
http://www.nydailynews.com/real_estate/ ... lding.html

Homeowners Dig Down for More Space - Los Angeles Times, 2008.0919
http://www.latimes.com/features/home/la ... 0616.story

Angle Management - Straights Times (Malaysia), 2008.0919
http://www.mysinchew.com/node/16202?tid=14

House Building Target 'in Doubt' - Press Association, 2008.0919
http://ukpress.google.com/article/ALeqM ... Flq7DylUBg

Their House Survived Ike, but It's the Only One Left - CNN, 2008.0918
http://www.cnn.com/2008/US/09/18/ike.la ... index.html

Restoring Wright: New Life for an Icon - Old House Journal, 2008.0918
http://www.oldhousejournal.com/restorin ... azine/1537

The Spirit of Greene & Greene Design Is Alive in Pacific Northwest Craftsmanship - Seattle Times, 2008.0918
http://seattletimes.nwsource.com/html/p ... nwl21.html

I Dig Modern - Examiner, 2008.0917
http://www.examiner.com/x-434-SF-Archit ... dig-modern

Housing Starts Decline 6.2 Percent in August - NAHB Press Release, 2008.0917
http://www.nahb.org/news_details.aspx?s ... ewsID=7836

Move to Preserve Iconic Building - This is South Devon, 2008.0916
http://www.thisissouthdevon.co.uk/news/ ... ticle.html

US Sept Home Builder Sentiment Up, 1st Time in 7 Mos - Guardian Unlimited, 2008.0916
http://www.guardian.co.uk/business/feedarticle/7802480

A Home in Idaho Where Water Is the Premium - New York Times, 2008.0912
http://www.nytimes.com/2008/09/12/great ... ing&st=nyt


People and Places by Nancy Novitski
Shen Milsom & Wilke in New York, New York - Mesick Coehn
Wilson Baker Architects in Orange, Virginia - Peter Zumthor
in Tokyo, Japan - Herzog & de Meuron in New York, New York -
Ludwig Mies van der Rohe in Plano, Illinois - Hurricane Ike
in Galveston, Texas - Wilkinson Eyre Architects in Oxford,
England, United Kingdom - Kaseman Beckman Advanced
Strategies in Arlington, Virginia - Frank Gehry in
Princeton, New Jersey - OMA in New York, New York -
HOK Sport in Monterrey, Mexico...
... short stories continue online:
http://www.ArchWeek.com/2008/0917/news_2-1.html

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Press Release - The Cooper Union Expands its Green Building Design Courses
http://www.archweek.com/2008/0917/press ... e_1-1.html

Product News - Frank Lloyd Wright Home DVD
http://www.archweek.com/2008/0910/products_update.html

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SolidWorks 2009 Released - Dassalt Press Release, 2008.0918
http://www.marketwatch.com/news/story/s ... aspx?guid={802DE479-E0EE-49A1-8AAC-EBEB8F26E19D}&dist=hppr

Bentley Launches Building Performance Group - Bentley Press Release, 2008.0917
http://www.pr-inside.com/bentley-launch ... 811960.htm

Waybe 3D Unfolding Plug-in Now Available for SketchUp - SketchUp Tips (blog), 2008.0914
http://sketchuptips.blogspot.com/2008/0 ... n-now.html

Civil 3D 2009 Extensions Available from Autodesk - ImaginIT, 2008.0912
http://rand.com/imaginit/1/rss/viewitem ... L&guid=470
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This Week's Quiz -
There are several forces in nature that work to move
water. Gravity is one force we are familiar with.
Another less familiar one is "capillary action." Please
describe capillary action.
http://www.ArchitectureWeek.com/2008/0917/quiz.html

Architecture Answer - for last issue's quiz...
What is the average age of a first-time home buyer in
the United States - 28, 32, or 36 years old? What
is the average number of years U.S. home buyers stay in
their first home - four, six, or eight years?
http://www.ArchitectureWeek.com/2008/0917/answer.html

Classic Home 037 - Southwestern bungalow by George W. Repp
http://www.ArchitectureWeek.com/2008/09 ... _home.html

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Contents, RSS, and Surface of the Week - Brick facade, compass
roof, fascia with modillions (CR-122)
http://www.ArchitectureWeek.com/2008/0910/contents.html

Five years ago in ArchitectureWeek:
Logical / Ecological Design, by Nancy Novitski
http://www.ArchitectureWeek.com/2003/0917/index.html

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Kevin Matthews
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ArchitectureWeek


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