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September

22

2005

Job Creation and Housing Construction: Constraints on Metropolitan Area Employment Growth

Author Raven E. Saks, an economist from the Federal Reserve Board, finds that in places with relatively few barriers to construction, an increase in housing demand leads to a large number of new housing units and only a moderate increase in housing prices. In contrast, for an equal demand shock, places with more regulation experience a 17 percent smaller expansion of the housing stock and almost double the increase in housing prices.

March

1

2005

Annual Report - 2004

Includes essays on helping Truro use town land for housing, revitalizing neighborhoods through redevelopment in Worcester, a 40B in Hyannis and smart preservation in Cambridge, Mayor Menino leading the way in Boston, and SoftSecond providing affordable homeownership in Lawrence.

March

1

2004

Annual Report - 2003

Includes essays about small-scale financing in Chesterfield, redeveloping a school into housing with help from CHI in Acton, preserving the affordability of 200 units in Salem, the importance of creating partnerships to develop 250 units in Lowell, Home Funders to help developers reach lower-income families in Gloucester, and SoftSecond making a difference in Newton.