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Issue of May 29, 2006 |     |
Riding the WindBob Dylan, who turned 65 years old last week, observed over four decades ago that “the answer is blowin’ in the wind.” And that may still be the case today, if proponents of a new proposal causing discussion in Buzzards Bay are to be believed. True Value Anyone who has purchased a home or sought to secure an apartment in the Greater Boston area knows the decision about where to live really boils down to an evaluation of tradeoffs. Reverse Loans Threatened by Cap By George A. Downey The nation’s most popular reverse mortgage program, the Home Equity Conversion Mortgage, was created by Congress in 1988. The enabling legislation included a volume cap so that legislators could monitor the program’s performance and cost to the government. The cap, initially set at 150,000, was increased to 250,000 in 2005 through emergency legislation last year as HECM volume rapidly approached the original limit. Winds of Change Sweeping Over Homeowner’s Insurance By Geoffrey A. Gordon The rate you pay for homeowner’s insurance here in Massachusetts is affected more and more each year by events happening far away. Hub Inclusionary Development Policy Change Should Be Embraced By Lisa B. Alberghini Boston Mayor Thomas Menino’s recent increase in fees collected from residential developers who do not build affordable housing on-site at their properties is a win-win-win proposition. It helps people, the city of Boston and our state economy. Check and Balance Banker and Tradesman's political cartoon. |
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