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Recent news articles and studies have generated concern among New England policy makers and others that the region’s supply of young, highly educated professionals is disappearing. The fear is that comparatively high housing and other costs may be driving away many within this highly mobile...
Persistent link: https://www.econbiz.de/10005360707
At least 30 states, including Connecticut, Maine, Massachusetts, and Rhode Island, operate under “tax and expenditure limitations” (TELs): formula-based budgeting requirements that apply specific limits to expenditures, appropriations, or revenue collections by state or local government....
Persistent link: https://www.econbiz.de/10005394368
At least 30 states, including Connecticut, Maine, Massachusetts, and Rhode Island, operate under “tax and expenditure limitations” (TELs): formula-based budgeting requirements that apply specific limits to expenditures, appropriations, or revenue collections by state or local government....
Persistent link: https://www.econbiz.de/10013120218
This policy brief explores whether young professional households can afford to own a home in New England. These are defined as households headed by a 25-39 year old with at least a BA and not currently enrolled in school. The analysis relies on two measures: (1) housing burden, defined as the...
Persistent link: https://www.econbiz.de/10005367776
Like most of the nation, New England continued to suffer economically in 2009. Job losses, rising unemployment, declining personal income, and slumping real estate markets all contributed to one of the worst years for both the national and regional economies. However, while economic conditions...
Persistent link: https://www.econbiz.de/10008643787
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