BANK TALK
Exploring the Finances of the Unbanked

Housing Supply Promotes Job Growth

January 07th, 2009

A new study by the Massachusetts Housing Partnership suggests that a region must continue to produce new housing in order to foster adequate job growth.  Without new housing, key workers are more likely to avoid moving to an area, curbing competitiveness among regional businesses and stunting new employment.

MHP is a regional group that promotes affordable housing.  The study was publicized in the Boston Globe, in part because MHP (more…)


Filed under: urban affairs | Tags: , , , , ,
January 07th, 2009 16:21:44

Hindsight: Manufactured Housing is Affordable

April 29th, 2008

Listening to a conference call from UMH Properties (formerly United Mobile Homes) in Sept. 2007 is uncanny. “Next year at this time, affordable housing is going to be the number one political issue in this country,” says UMH founder and President Eugene Landy. “People are not going to be able to get mortgages, they are not going to be able to buy homes. They are going to have to buy housing that they can afford.

Landy believes that manufactured housing stands to gain from these changes.  People still need housing, due to the expanding population.

“It is going to be a trend for our industry,” he says. “The Federal Reserve numbers are that people are (more…)


Filed under: Business | Tags: , , , ,
April 29th, 2008 10:35:59