CREATION OF HUDSON YARDS

I just came across an extremely interesting article that is extremely relevant to our affordable housing crisis today, and funny enough, has to do with our very own Stephen Ross and his real estate business, Related Companies. This article discusses his plan of Hudson Yards which is a multimillion dollar project that will establish modern office space and a long-sought extension of the central business district to the West Side. It is also creating a residential neighborhood, making it a prototype of the mixed-use district that today's urban planners champion.

Affordable Housing in Ann Arbor

Zachary Ackerman, a Democratic representative of Ann Arbor's 3rd ward, is working hard to put forward proposals to build more affordable housing in downtown Ann Arbor. His proposals suggest that the municipal government sell some of its property to generate revenue to build affordable housing units. The city's goal is to build about 140 affordable units every year to eventually have 2,800 new affordable housing units by 2035.

Wall Street Pay

I just read an interesting article that bank regulators are looking back into limiting Wall Street. With a lot of people attracted to the high pay of Wall Street, I am curious to see how this affects students decisions to enter Wall Street. What do you guys think? Additionally, the potential limit of Wall Street pay by regulators is due to securities employees receiving bonuses for making risky decisions. However, when their decisions turn bad, they pile up a ton of losses and some still come away with hefty bonuses. Do you think this is ethical?

Spring Break

Now that we have arrived at spring break, lots of students will be taking exotic trips. Quite literally, Michigan students will hit every corner of the planet over this spring break. At times, it seems like the social norm is to go on a trip every year. Meanwhile, we can clearly see economic disparity here in Ann Arbor. We have listened to programs at Town Hall meetings of non-profits that work with young children and families to improve their quality of life through a plethora of ways (academics, food, neighborhoods, social skills, etc). 

New Fiat Chrysler Assembly Plant

A new 4.5-billion-dollar assembly plant located in Detroit will be built by Fiat Chrysler. Additionally, Fiat Chrysler will be increasing the production of their five existing facilities in Michigan. This new assembly plant is projected to create about 6,500 jobs to Michigan. The plant will hopefully be up and running by the end of 2020. How do you think these additional jobs will help the state of Michigan? Will the effects be readily noticed? Before agreeing to the terms of a memorandum of understanding, is there anything else the city of Detroit should negotiate?

Minimum Wage

Many people are for an increased minimum wage for many reasons. Raising the minimum wage has a multitude of benefits for hard workers. Some examples of why people believe this number should be raised is because it will help decrease the poverty rate in the United States and would raise the living standard for underpaid workers. This article from the New York Times magazine describes the life of an immigrant living in California who works two full time jobs, both of which pays minimum wage.

CREATION OF HUDSON YARDS

I just came across an extremely interesting article that is extremely relevant to our affordable housing crisis today, and funny enough, has to do with our very own Stephen Ross and his real estate business, Related Companies. This article discusses his plan of Hudson Yards which is a multimillion dollar project that will establish modern office space and a long-sought extension of the central business district to the West Side. It is also creating a residential neighborhood, making it a prototype of the mixed-use district that today's urban planners champion.

Affordable Housing in Ann Arbor

Zachary Ackerman, a Democratic representative of Ann Arbor's 3rd ward, is working hard to put forward proposals to build more affordable housing in downtown Ann Arbor. His proposals suggest that the municipal government sell some of its property to generate revenue to build affordable housing units. The city's goal is to build about 140 affordable units every year to eventually have 2,800 new affordable housing units by 2035.

Wall Street Pay

I just read an interesting article that bank regulators are looking back into limiting Wall Street. With a lot of people attracted to the high pay of Wall Street, I am curious to see how this affects students decisions to enter Wall Street. What do you guys think? Additionally, the potential limit of Wall Street pay by regulators is due to securities employees receiving bonuses for making risky decisions. However, when their decisions turn bad, they pile up a ton of losses and some still come away with hefty bonuses. Do you think this is ethical?

Spring Break

Now that we have arrived at spring break, lots of students will be taking exotic trips. Quite literally, Michigan students will hit every corner of the planet over this spring break. At times, it seems like the social norm is to go on a trip every year. Meanwhile, we can clearly see economic disparity here in Ann Arbor. We have listened to programs at Town Hall meetings of non-profits that work with young children and families to improve their quality of life through a plethora of ways (academics, food, neighborhoods, social skills, etc). 

New Fiat Chrysler Assembly Plant

A new 4.5-billion-dollar assembly plant located in Detroit will be built by Fiat Chrysler. Additionally, Fiat Chrysler will be increasing the production of their five existing facilities in Michigan. This new assembly plant is projected to create about 6,500 jobs to Michigan. The plant will hopefully be up and running by the end of 2020. How do you think these additional jobs will help the state of Michigan? Will the effects be readily noticed? Before agreeing to the terms of a memorandum of understanding, is there anything else the city of Detroit should negotiate?

Minimum Wage

Many people are for an increased minimum wage for many reasons. Raising the minimum wage has a multitude of benefits for hard workers. Some examples of why people believe this number should be raised is because it will help decrease the poverty rate in the United States and would raise the living standard for underpaid workers. This article from the New York Times magazine describes the life of an immigrant living in California who works two full time jobs, both of which pays minimum wage.

Affordable Housing in the city of Detroit

As Detroit's overall revtilization continues to flourish, one problem that has remained extremely challenging for many living within the city is the lack of affordable housing available for low-income individuals.  Recent reductions in the availability of affordable housing, high rent increases, and massive property taxes have help promulgate this issue and displace many from their homes.

https://www.watchdog.org...

https://www.watchdog.org/michigan/winter-vortex-causing-slight-drag-on-michigan-economy/article_288b8854-25b4-11e9-9b28-5fa727631457.html The Michigan Polar Vortex has resulted to cause a drag on the state's economy, but some companies have actually benefitted from the cold front. Will these effects be long lasting issue for the state of Michigan, or a small hurdle?
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