CRA Working Paper 2013-03: Generational Perspectives on Residential Mobility: Implications for Housing Demand
CRA Working Paper 2013-02: New Trends in the Distribution and Characteristics of the Federal Workforce in the Washington DC Metropolitan Area 1998-2011
June 2012 – Approval of new residential projects in Montgomery County—and in local jurisdictions around the region—has become cumbersome, expensive and risky. This study finds that regulatory processes in Montgomery County can add $30-$50K to the cost of a new single-family or townhouse unit and $10-$20K to cost of a multi-family unit.
September 2012 – Complementing recent research on the residential development process in Montgomery County, this study finds that regulatory process in Fairfax County can add $30-$60K to the cost of a new single-family or townhouse unit and $15-$20K to cost of a multi-family unit.
March 2013 - This research forecasts the future housing demand associated with net new job growth in the Richmond, VA region between 2012 and 2032. Because it is a jobs-driven forecast of housing demand, it explicitly links the potential economic growth in the region to the availability and affordability of housing.
In the News ” The federal government is a major contributor to the local economy. It isn’t free money though, and the real story here is that the Washington area workforce works very hard. We have more wage-earners per household than any metropolitan area” – Dr. Fuller on the impact of the federal government on the region’s affluence