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Massachusetts Lawmakers Drop Governor’s ‘Mansion Tax’ Proposal from Budget Bill

Massachusetts Lawmakers Drop Governor’s ‘Mansion Tax’ Proposal from Budget Bill

by Phil Hall | Jun 4, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Democrat-controlled Massachusetts House of Representatives has dropped Gov. Maura Healey’s “mansion tax” proposal from the housing bond bill that will be voted on this week. The State House News Service reported the $4.1 billion housing bond bill moved by the...
Survey: 91% of Gen Zers Cite Housing Affordability as Top Election Year Issue

Survey: 91% of Gen Zers Cite Housing Affordability as Top Election Year Issue

by Phil Hall | Jun 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey from Redfin (NASDAQ:RDFN) found more than nine in 10 (91%) adult Gen Zers declaring that housing affordability is their top issue in this year’s presidential election. Gen Zers rated housing affordability as a more important factor in their vote than any...
NYC Reopens Section 8 Housing Wait List After 15-Year Closure

NYC Reopens Section 8 Housing Wait List After 15-Year Closure

by Phil Hall | Jun 3, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The New York City Housing Authority (NYCHA) is reopening the wait list for Section 8 housing applications for the first time in nearly 15 years. According to WABC News, applications for NYCHA’s Housing Choice Voucher program will be open starting at midnight on...
Poll: Massachusetts Voters Voice Greatest Concerns Over Housing Challenges

Poll: Massachusetts Voters Voice Greatest Concerns Over Housing Challenges

by Phil Hall | Jun 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing issues are the most pressing issues among Massachusetts voters in the current election year. According to a new UMass Amherst/WCVB poll, 34% of respondents said the lack of housing and the absence of affordability were the top political issue they want...
Hedge Fund Executive Lists Private Connecticut Island for $35 Million

Hedge Fund Executive Lists Private Connecticut Island for $35 Million

by Phil Hall | Jun 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An executive with the world’s largest hedge fund has listed his private island off the Connecticut coast for $35 million. The Wall Street Journal reported Greg Jensen, co-chief investment officer at the Ray Dalio-founded Bridgewater Associates, is seeking a buyer for...
National Apartment Association Pushes Back on Biden’s Remarks About Rental Housing

National Apartment Association Pushes Back on Biden’s Remarks About Rental Housing

by Phil Hall | Jun 3, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Apartment Association (NAA) has taken President Biden to task for his recent remarks regarding the state of rental housing. During his State of the Union speech in March, Biden boasted that his administration was working to lower rents that were being...
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