A report by the Metropolitan Philadelphia Policy Center identifies key factors that impact the real estate market in the region.
"Choices: A Report on the State of the Regions Housing Market, makes the case that metropolitan Philadelphia needs to rethink and rebuild its housing market. That market offers a good news/bad news scenario. The good news is that the metropolitan Philadelphia area is an affordable place to buy a home. The bad news is multifaceted: the region is building new homes distant from our core communities at an increasing rate during a time of slow population growth; homes in the region arent appreciating as they are around the country; and, homes for modest income homebuyers are concentrated in areas that lack access to the regions better school districts and job growth centers." [Complete 57-page report in PDF format, 2.0 MB]
Thanks to Abhijeet Chavan
FULL STORY: Choices: A Report on the State of the Region's Housing Market

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Vehicle-related Deaths Drop 29% in Richmond, VA
The seventh year of the city's Vision Zero strategy also cut the number of people killed in alcohol-related crashes by half.

As Trump Phases Out FEMA, Is It Time to Flee the Floodplains?
With less federal funding available for disaster relief efforts, the need to relocate at-risk communities is more urgent than ever.

SEPTA Budget Slashes Service by 45 Percent
The Philadelphia-area transit agency is legally tasked with maintaining a balanced budget. Officials hope the state will come to the rescue with additional funding.

Connecticut Governor Vetoes Housing Bill
Gov. Lamont reversed his view on a controversial affordable housing bill that would have required municipalities to zone for set amounts of affordable housing to receive state funding.

NJ Transit Trains Delayed by Extreme Heat
Breakdowns in the subway network’s HVAC system caused dangerously high temperatures on platforms, while heat-induced track expansion forced trains to slow down.
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