Research: Starter Homes Ballot Question Would Unlock Hundreds of Houses Per Year
New research from Tufts University found that a proposed ballot question would have “a real but limited impact” on Massachusetts’ housing problems.
Rent Control Will Slash Property Values. Boston Will Be Hit Hardest
Talk about playing with fire: Some of the most affluent and politically progressive cities and towns in Massachusetts are the staunchest supporters of a draconian, statewide rent control proposal.
Rent Control Opponents Warn of $300B Hit to Local Budgets
Real estate industry leaders ave already warned in dire terms that imposing rent control across Massachusetts would bring housing construction to a halt and make it harder for landlords to invest in property repairs.
Accountants See Wealth Leaving Massachusetts
Accountants continue to sound the alarm over high-income residents leaving Massachusetts, in part to avoid the new income surtax that even the CPAs acknowledge has led to a “surge” in state tax revenues.
Office Woes Threaten Boston Budget With ‘Economic Act of God’
Warning about the prospect of a “permanently diminished city,” think tank analysts said a sharp and steady drop in the value of office buildings could soon punch a hole in the city’s budget, endangering resources for schools, first responders and more.
Analysis of Healey Housing Bill Called ‘Half-Baked’
A report commissioned by the Healey administration estimates the governor’s $4.1 billion housing bond bill will produce tens of thousands of new homes and generate $24.8 billion in economic activity, roughly 30,000 jobs, and $750 million in state tax revenue over five years.
State Jobless Rate Sinks to Record Low 2.6 Percent
The Massachusetts economy continues to hum along in the wake of the COVID-19 pandemic’s disruption, a trend that business leaders and analysts say could forecast more inflationary pressure on the horizon.
Report: Many Mass. Towns Flout CPA’s Housing Requirements
While Beacon Hill searches for solutions to the serious housing shortage that fuels affordability concerns in Massachusetts, a real estate industry organization wants to see the Community Preservation Act program retrofitted to put a greater emphasis on housing production.
18 Percent Unemployment: What COVID-19 Could Do to Massachusetts
The exact trajectory of the recession is uncertain, but many panelists were optimistic 2021 could see a strong recovery.
