News

The correlation myth

As part of our effort to shed light on various facets of workforce housing in the midst of the inventory crisis, NHAR has released the first in a series of videos on the subject, beginning with a commonly believed myth regarding kids and tax rates.

FIND THE VIDEO HERE

Does workforce housing lead to more school-aged kids, and therefore higher taxes? That is the question addressed in this five-minute video featuring UNH professor emeritus of economics Richard England. Dr. England is well-versed in the subject, having conducted a comprehensive study on the correlation between school enrollments and tax rates using data from every town in New Hampshire. That NHAR-sponsored study can be found here.

We ultimately hope the video is shared widely in order to help debunk a myth that we believe is a significant impediment to building more housing, and ultimately to housing affordability, in New Hampshire.

 

Jan 25, 2023

"Amidst the sea of change to which the New Hampshire Association of REALTORS has played witness in its 85 years, one thing that has remained constant is the Realtor 'R' and the value we bring to every real estate transaction in which we take part. We are part of a unique community where our familial cooperation transcends our business competition. These are not mere platitudes, but our living ideals, and they are, in fact, the foundation on which we conduct ourselves in our day-to-day affairs."

Ben Cushing, 2023 President, New Hampshire REALTORS