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The lack of affordable housing in New England: how big a problem?: why is it growing?: what are we doing about it?

Alicia Sasser, Darcy Rollins, Robert Tannenwald () and Bo Zhao ()
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Alicia Sasser: Northeastern University

Authors registered in the RePEc Author Service: Alicia Sasser Modestino

No 06-1, New England Public Policy Center Working Paper from Federal Reserve Bank of Boston

Abstract: Although housing costs in greater Boston and elsewhere around the region have leveled off, affordable housing is still high on the public policy agenda in every New England state. A growing chorus of employers and policymakers are warning that the region's high cost of housing is now undermining its ability to attract and retain workers and businesses. This paper presents a thorough, region-wide analysis of the housing affordability problem in New England. We construct three affordability indicators to examine differences in the cost of housing across socioeconomic, demographic, and occupational groups, for every New England state and for the region's principal metropolitan areas.

Keywords: Housing - New England; Housing policy - New England; Housing - Prices (search for similar items in EconPapers)
Date: 2006, Revised 2006
New Economics Papers: this item is included in nep-geo and nep-ure
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