Full and original article posted on Worcester Business Journal
At the end of its 31-page report detailing the many, many ways the 80% spike in Worcester rental prices over the past seven years is impacting the economy, neighborhoods, and residents, the Worcester Regional Research Bureau laid out a series of recommendations on ways to improve the situation.
One of the last lines summed it up nicely: “Concentrating on raising household incomes, slowing cost-growth, addressing the concerns of the most vulnerable residents, and increasing the number of available units should go a long way to ensuring that Worcester’s housing and economy remains strong in the future,” WRRB wrote in the Dec. 12 report “Static Income, Rising Costs: Renting in the Heart of the Commonwealth”.
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