Full Citation
Title: The Housing Bust and Housing Affordability in New England: An Update of Housing Affordability Measures
Citation Type: Working Paper
Publication Year: 2010
ISBN:
ISSN:
DOI:
NSFID:
PMCID:
PMID:
Abstract: In 2007 the New England Public Policy Center released “The Lack of Affordable Housing in New England: How Big a Problem? Why Is It Growing? What Are We Doing About It?” Analyzing affordability measures from 1995 to 2005, Alicia Sasser, Bo Zhao, and Darcy Rollins Saas found that the lack of affordable, owner-occupied housing was a problem for both middle-income and low-income households in New England—particularly in southern New England states. The authors also found that households headed by young professionals could afford to purchase median-priced homes in the region, but not as easily as in the 1990s, and not as easily as in most rival metropolitan areas. New England’s rental housing, in contrast, was expensive relative to that in the rest of the nation, but incomes were high enough that rentals were still affordable to most New Englanders.
User Submitted?: No
Authors: Clifford, Robert
Series Title:
Publication Number: 10-1
Institution: New England Public Policy Center
Pages:
Publisher Location: Boston, Massachusetts
Data Collections: IPUMS USA
Topics: Housing and Segregation
Countries: