Because people in Montgomery County are wealthy, they can easily afford big mansions, right? WRONG.The residential real estate boom started in Montgomery County in the late 1990s, as it did…
Economy
458 Articles
458
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MoCo: Not as Rich as You Think, Part One
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2 Min Read
When our state legislators go to Annapolis and look for adequate funding for our schools and transportation facilities, they confront a common attitude from the rest of the state. “You…
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The State of Working Maryland 2008
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1 Min Read
The central findings in Progressive Maryland’s new report are: 1. Rising productivity since the mid-1990s has not lead to significant gains in real wages. 2. Income inequality persists as only…
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Red Maryland blogger G.A. Harrison claimed last week that Maryland has lost over 2,500 jobs under Governor O’Malley. But that statement is a gross distortion with little basis in fact.Harrison…
6 Min Read
In Part Four, per capita income and average home value were closely correlated with percentages of subsidized housing by zip code. But so are demographics: specifically, percentages of black and…
1 Min Read
In Part Three, we discounted proximity to Metro stations and community age as predictors for the location of subsidized housing. Today we look at economic factors.The chart below compares the…
1 Min Read
In Part Two, we revealed the location of all subsidized housing units in the county by zip code and Council District. Today we will begin looking at theories to explain…
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In Part One, we laid out the components of the county’s subsidized housing programs, primarily in ownership and management of units as well as rental subsidies (vouchers). Today we reveal…
1 Min Read
In June, the Montgomery County Council voted 5-4 to destroy a house located on land purchased for an addition to Hillmead Park in Bethesda rather than use it as subsidized…
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The Planning Board is holding a hearing on 4 Bethesda Metro Center today, the new office building on top of downtown’s Metro station. The Post covered the issue today but…