A Valley News Publication

You can take the survey, which was shared on the listerve by Ronald G. Shaiko, at this link:
https://www.surveymonkey.com/r/UVhousing

It’s 25 questions long (so, like, 3½ Lucky 7 News Quizzes).

Housing has been in the news a lot recently. We profiled developer Mike Davidson over the weekend (and this morning followed up about his negative reaction to a Lebanon city councilor’s comments in that story).

Earlier this month we had a story about development in WRJ, where new apartments are renting in the $700 to $800 range, while residence at an assisted-living facility will start at $8,400 a month.

Affordable housing is difficult to come by even if you’re buying, according to this story from April: “Real estate agents say they can’t recall a time when the balance between supply and demand has been so far out of whack. … Moreover, the further down the pay scale, the more difficult it becomes to find affordable housing in the Upper Valley.”

That’s because, according to Twin Pines Housing Trust estimates from March, the Upper Valley generally has a less than 3 percent vacancy rate. Barry Bluestone, a Northeastern professor and director of the Dukakis Center for Urban and Regional Policy, argues that a healthy rate is 6 to 7 percent.

 

The apartment building at 18 Mahan Street in Lebanon, N.H., on May 8, 2018, is one of the properties owned by developer Mike Davidson’s Execusuite. (Valley News – Geoff Hansen) Copyright Valley News. May not be reprinted or used online without permission. Send requests to permission@vnews.com.