While housing costs in New Jersey continue to be among the highest in the nation, the state growth rate of 4.8% for median owner costs for housing with a mortgage was among the slowest in the country (43rd) and well below the national rate of 7.2%.
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A plan is moving forward in N.J. to let homeowners save tens of thousands of dollars on their mortgages
“It’s sort of a painless way of saving,” Hughes said. “Very few of us have the discipline to religiously put away a portion of our salary to build up equity.”
Katharine Nelson PhD ’22 awarded 2022 APPAM PhD Dissertation Award
Katharine (Katie) Nelson, Ph.D. is the recipient of the 2022 Association for Public Policy Analysis and Management (APPAM) PhD Dissertation Award.
A student of social justice, urban environmental policy, Jermaine Toney is an “accidental economist”
His research portfolio includes structural aspects of household finance, wealth disparities, health economics, how mental health issues affect investment decisions, and long-term effects of redlining.
New Jersey could give you $1000 to pay off your mortgage
NJ 101.5 writes that State Sen. Troy Singleton, D-Burlington, is sponsoring a measure that would give homeowners a tax credit of up to $1,000 in order to help cover an extra mortgage payment, quoting James Hughes. NJ1015.com, August 2, 2018