Finance
Emerging Trends in Real Estate Impacting Cities and States
Two-thirds of real estate professionals surveyed believe that fewer than 75% of workers will come back to the office at least three days a week in 2022, and that the need for more office space will likely decrease by up to 15% within the next three years.
Homebuyer ‘Love Letters’ May Stir Bias. (But They Often Work.)
It’s a financial transaction, not a seduction.
State and Local Government Job Growth Lags Behind Private Sector
City and county payrolls are down more than 5% from pre-pandemic totals, excluding education positions, according to a report.
Museums, Cultural Institutions Cut Jobs Despite PPP Loans, Report Finds
More than 14,400 employees were laid off from 288 institutions that received federal loans meant to help preserve jobs, according to a public service employees union.
Small States Cry Foul on Federal Rental Relief Redistribution
They don’t want to forfeit unspent money to other states.
Governments Face Soaring Costs Burying Poor and Unclaimed Dead
Individual burials can be $2,000. The costs have increased dramatically during the pandemic, with some communities turning to federal aid to help cover the expense.
More Than 500,000 Public Workers Likely to See Debt Relief Under Student Loan Forgiveness Overhaul
The U.S. Department of Education announced a host of changes Wednesday to the Public Service Loan Forgiveness program, which guarantees debt forgiveness to qualifying public sector employees.
67% of Cities Plan to Use ARPA for Lost Revenue
Cities are more likely to use money to replace lost tax revenues than to spend on infrastructure, according to a National League of Cities report.
How South Dakota Became the Caymans of the Heartland
The landlocked state has become the capital of “offshoring”—and a haven for dirty money.
Best States to Save for Retirement
New Hampshire tops the list of best states to save, offering a more affordable housing market and lower taxes, according to a recent report. Other top states are in the West.
Treasury Outlines How it Will Claw Back Rental Aid From Slow Spenders
The department plans to redistribute the money to jurisdictions that are moving faster to get it to struggling renters and landlords.
Can the US Create Universal Pre-K Without Repeating Past Mistakes?
A proposed $450 billion investment in child care and preschool could fundamentally change the nation’s approach to early learning — but getting the right money to the right people is complicated.
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