Feature
State’s Economy Hangs by the Housing Market Thread
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But the recent increase in real estate values has put home ownership out of reach of anyone not earning more than $100,000 annually or more.
InDepthNH.org (https://indepthnh.org/author/garry-rayno-indepthnh-org/page/35/)
But the recent increase in real estate values has put home ownership out of reach of anyone not earning more than $100,000 annually or more.
The controversial program, which is one of the most expansive voucher programs in the country, has served about 3,000 students in its first two years, and has cost the state $24 million — well over budget — with a projected cost of $30 million a year for the next biennial budget.
Some lawmakers want to give local officials tools to address skyrocketing rental rates, but landlords say the solution is to build more apartments not create more regulations.
A cold shoulder was given to two proposals to change the date of the state primary election to earlier in the year Tuesday at public hearings.
To date about 75 percent of the state funds spent for the freedom account program has subsidized tuition for students who attended private and religious schools before the program was launched in 2021 and not students leaving public schools for private or religious schools as advocates had predicted.
A federal judge allowed a lawsuit challenging the state’s divisive concepts law to go forward on the same day a public hearing was held on a bill to repeal the new statute.
The one continuing negative, Jason Hwang, senior vice president of the Federal Home Loan Bank of Boston, told the lawmakers is the tight job market here and across the country.
House and Senate Ways and Means committee members were warned Wednesday not to expect the state to experience the same economic growth it has since recovering from the pandemic.
Preventing the tyranny of the majority is essentially protecting the minority from discrimination due to the actions of the majority.