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Robert A Nakosteen

2003

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Full-Text Articles in Finance and Financial Management

Mass.Migration, Robert A. Nakosteen, Michael Goodman, Dana Ansel, Robert Lacey, Rebecca Loveland, James Palma, Alexandra Proshina, Rachel Deyette Werkema Dec 2003

Mass.Migration, Robert A. Nakosteen, Michael Goodman, Dana Ansel, Robert Lacey, Rebecca Loveland, James Palma, Alexandra Proshina, Rachel Deyette Werkema

Robert A Nakosteen

Examining the flow of people moving into and out of Massachusetts over the last decade reveals a state in transition. Our analysis of the Census 2000 data shows that native-born middle-class families are migrating in increasing numbers to other New England states, while smaller numbers of highly educated, highly mobile professionals are arriving in Massachusetts. But, with many choices about where to work and live, there is no guarantee that these workers will make the Bay State their permanent home.

In this respect, Massachusetts is no different from other states with knowledge economies. It is increasingly dependent upon a supply …


The Fiscal Impact Of New Housing Development In Massachusetts: A Critical Analysis, Robert A. Nakosteen Ph.D., James Palma Aicp, Rebecca Loveland Mrp, Michael Goodman Ph.D., Alexandra Proshina, Pamela Miller, Robert Lacey Feb 2003

The Fiscal Impact Of New Housing Development In Massachusetts: A Critical Analysis, Robert A. Nakosteen Ph.D., James Palma Aicp, Rebecca Loveland Mrp, Michael Goodman Ph.D., Alexandra Proshina, Pamela Miller, Robert Lacey

Robert A Nakosteen

There has been a great deal of news recently about the rising prices of housing in Massachusetts. There have been 380 articles in the past year on housing in the Boston Globe alone, according to Lexis-Nexis, and most of these discuss the lack of, construction of, or need for affordable housing units.1 One of the reasons cited for the increase in housing prices is the lack of construction of new housing units in all price ranges.

Virtually all new housing construction in Massachusetts is controlled and regulated at the local level. Within the confines of state law, municipalities have the …


Population Change, Housing, And Local Finance, Robert A. Nakosteen, James R. Palma Jan 2003

Population Change, Housing, And Local Finance, Robert A. Nakosteen, James R. Palma

Robert A Nakosteen

There is broad agreement that affordable housing is one of the most pressing problems facing the Commonwealth. Attracting a qualified labor force to the state is challenging, since housing prices are high and rising quickly. One important aspect of increasing the supply of housing in Massachusetts is the role played by municipal governments. In a sense, all housing development decisions in the state start at the municipal level. Many municipalities are reluctant to approve significant new housing projects because of their fear that the costs generated by new housing will outstrip the tax revenues generated. In fact, the relationship between …