Renting has long been a temporary step toward home ownership or a permanent part of living on a tight budget.When people would sit down to work out a budget, devoting 25 percent or 30 percent of monthly income to rent was the “affordable” part of still paying the other bills and maybe saving a bit. But that calculation no longer works for millions of people.
According to the US Census, the population in Barnstable County is declining and the fastest losses are in the 25 to 44-age category. Between 2000 and 2010 nearly fifteen Thousand young adults left the Cape, a decrease of 26.8%. Barry Bluestone, Founding Director of the Dukakis Center for Urban and Regional Policy at Northeastern University talks about how they administered the Shape the Cape Survey.
Callahan Tunnel to close for three months By Martine Powers | Boston Globe | June 20, 2013 The Callahan Tunnel will close for construction for three months at the beginning of next year, capping a convergence of projects scheduled for early 2014 that some fear will create a perfect storm of gridlock. The 52-year-old tunnel, […]
Could the Senate plan provide common ground? CommonWealth | GABRIELLE GURLEY | April 11, 2013 THE MASSACHUSETTS SENATE is preparing to vote on a transportation finance plan that is bigger than the $500 million House version Gov. Deval Patrick threatened to veto but still well below the $1 billion package the governor wanted. What’s unclear is whether the […]