New England has a housing crisis as a
result of the economic prosperity this
region has enjoyed over the past
decade. While many New England
residents have seen the value of their
real estate increase, a great number
can no longer afford to pay the rising
cost of housing and find, as home
prices and interest rates rise, that purchasing
a home is an impossibility.
The lack of affordable housing is not
only preventing many from remaining
in their home towns, but it is also
causing industry to leave New England,
since its labor pool can no
longer afford to live here.
Municipal reactions to the need
have varied from community to community.
Most of us are familiar