The COVID-19 pandemic devastated New Jersey in terms of both human life and the economy, but as the state opens back up, there are reasons to be optimistic for New Jersey’s future. There are also demographic and real estate trends that we must proactively counter and remain mindful of as our economy bounces back. Jeffrey Otteau, Managing Partner and Chief Economist at Otteau Group, presented facts and figures to show where we’ve been, as well as projections to show where we’re headed, during The Future of New Jersey: An Economic Forecast keynote session at the 2021 Planning and Redevelopment Conference.
Posts Tagged ‘Housing’
The Future of New Jersey: An Economic Forecast
Friday, June 25th, 2021Older Homeowners in Car-Dependent Suburbs Face Difficulty Downsizing
Thursday, February 11th, 2021Older adults in New Jersey looking to sell their homes—most of which are single-family detached houses—as younger generations continue to prefer smaller homes in walkable communities.
The Black-White Homeownership Gap in New Jersey
Wednesday, September 16th, 2020Where we build our housing, the type of housing we build, and for whom we build it affects our environment, our quality of life, and how segregated a state we will live in.
Smaller Houses: Symptom of the Recession, or Long-Term Trend?
Tuesday, October 26th, 2010The New York Times Magazine [registration required] takes a look at shrinking square footages for new houses and muses on whether this represents a long-term trend or merely a temporary response to the recession. The crash of the housing market certainly has served to remind people that housing prices don’t automatically keep going up forever…perhaps […]
