Economic Opportunity

Public employee pensions contribute to national savings, representing 21 percent of retirement assets according to the Urban Institute. These pensions help public workers plan and live out retirement, especially the 97 percent of Massachusetts government employees who do not earn Social Security benefits through their current job.

This edition of The House Call explores a federal proposal to cut Housing and Urban Development funding by 44 percent, and how it contrasts with a more recent congressional appropriations bill. The newsletter also provides an update on compliance with Massachusetts' multifamily zoning mandate around MBTA stations after the latest deadline.

In the years since fiscal 2018, when the MBTA last balanced its budget without state contract assistance or federal funds, operating costs have been rising at an alarming rate, culminating in an increase of nearly 15 percent from FY 2023 to FY 2024 alone, according to a new policy brief published by Pioneer Institute.

A new report from Pioneer Institute shows that Massachusetts has been in an economic slowdown since 2020, with the professional, scientific, and technical services sector (PSTS) exhibiting the greatest slowdown relative to competitor states since 2022. This sector includes scientific research and development, computer systems design, engineering, and scientific consulting firms. 

This edition of The House Call discusses a pending bill in Connecticut that both requires municipalities to plan for more affordable housing and preempts local zoning rules on small multi-family buildings and parking requirements. The newsletter also explores the possible effects of banning landlords from imposing "broker's fees" on residential tenants.

A new Pioneer Institute study finds that while rent control can lower rental housing costs and help vulnerable tenants remain in their homes, it also carries steep long-term consequences—including reduced housing quality, lower property values, fewer new housing units, and higher rents for non-controlled apartments. 

While nearly every state has expanded private sector employment since the onset of the COVID-19 pandemic, Massachusetts is an outlier in experiencing a net decline in private sector job growth, posing significant risks to the state’s economic health and long-term prosperity, according to a new policy brief published by Pioneer Institute. 

The April edition of The House Call provides an update regarding the MBTA Communities Act's implementation, with some communities amending their zoning via either referendum votes or Town Meeting this spring. The newsletter also includes a discussion of communities that have eliminated minimum parking requirements in recent years.

This week's edition of Mapping Mass Migration features an analysis of newly released data from the Census Bureau, its March supplement of the Current Population Survey. Our analysis covers how migration trends have played out nationally since 1948, including the demographics of movers, the extent of their migration (within a county, across counties, to another state, etc.), and the most common reasons movers cite for changing their primary residence. The newsletter concludes with a brief discussion of what might account for a decline in overall migration rates nationally and where Massachusetts fits in.

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