Experts Affirm Housing's Direct Link to Economic Recovery in New England ; Attendees Polled Point to Rental Housing As a Solution to Economic Recovery in the Region

Summary


SPRINGFIELD, Mass., Oct. 7 /PRNewswire/ -- An overwhelming number of attendees from the six New England states polled at a conference hosted by the Federal Home Loan Bank of Boston believe that creating a mixture of owner-occupied and rental housing will help boost the New England economy. A majority of those polled also believe that the soundness of the financial institutions in the region contributes to its economic strengths.

The Federal Home Loan Bank of Boston hosted the conference titled Through the Lens of Housing: New England Economic Recovery to explore the connections between housing and economic development in New England. The conference attracted more than 170 attendees who ranged from banking and housing finance experts to housing advocates and economists. The attendees heard from speakers such as Richard Walega, regional northeast director of HUD; Tina Brooks of the Massachusetts Executive Office of Housing and Economic Development; Barry Bluestone of Northeastern University; Anne Krieg of Bar Harbor, Maine; and Douglas Duncan, VP and chief economist of Fannie Mae. Karl "Chip" Case, co-creator of the Case Shiller Indexes, delivered the keynote address.

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Experts Affirm Housing's Direct Link to Economic Recovery in New England ; Attendees Polled Point to Rental Housing As a Solution to Economic Recovery in the Region

"The Federal Home Loan Bank held this conference to bring together some of the best experts on ...

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