What happens when people don't pay their electric bill?-- YOU GET TO!
Monday, March 21
This scares me and should scare you as well. https://www.usnews.com/news/bu.... 1.4 million households in New York State are behind on electric or natural gas bills. a quick search says there are 7.5 million households in NY State. That means 19% of people in the State of NY are behind in a time...
Apartment rents shatter all-time records. Rents are predicted up 10%
Wednesday, March 09
Keep in mind that this article is about Boston- but it is applicable to Worcester as well. Another great Banker and Tradesman article. https://drive.google.com/file/... The Crux of the issue here is that rents are going up and apartment owners are looking for double digit rental increases. I don'...
Who ultimately holds the MTG Loans? Banks? NOPE--- YOU DO!!!!
Wednesday, March 09
Below is a snippet from a Banker and Tradesman article on 2/21/22 by Andrew Haigney YES YOU SHOULD BE SCARED- YOU OWN IT On a macro level, we see the combination of higher interest rates and quantitative tightening weighing on real estate values and liquidity. It should be noted that the Feder...
How do we achieve Housing Stability for the most vulnerable?
Wednesday, March 09
Another interesting article in Banker and Tradesman. For those who do not subscribe, a link below. https://drive.google.com/file/... Keep in mind as always when you read an article the inherent bias of the author. Chris Norris is the executive director of Metro Housing Boston. Also, keep in min...
Rent Control in Worcester? NO THANKS Build More Housing
Wednesday, March 09
This past week the Worcester City councilors were asked what their thoughts were about the possibility of the state removing the ban on Rent Control in Massachusetts. Rent Control has been banned in the state since 1994. Lifting the ban would allow municipalities the ability to set their own pa...
We don't need more large-scale affordable housing in Worcester
Monday, March 07
This was a great Op Ed by Ray Mariano in Sunday't Telegram. Since it is hard to link if you are not a subscriber here is a PDF link below. https://drive.google.com/file/... We all know that we need to address housing in the City of Worcester. That is scarcity of housing overall, and a lack of "...