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 Issue of June 12, 2006 
   
Give Me a Break
The most recent monthly forecast from the National Association of Realtors carried a tone decidedly different from the trade group’s usual approach, and not simply because the statement revised downward expectations for both existing and new home sales in 2006.
Rainy Day Funds
The drenching weather that pounded much of New England last month will have a lasting effect on numerous local businesses and homeowners. In particular, communities north of Boston will feel the impact of the weeklong rains and subsequent flooding well into the foreseeable future.
Housing Needs State Investments
By Aaron Gornstein
In recent months, several leading academics and economists have documented the lack of housing supply in Massachusetts and have made the link between the soaring costs of housing and the loss of population, especially among our younger educated workforce. Last month, three such studies were released at a Federal Reserve Bank of Boston conference.

Opportunities Lost: Overcoming Uninspired Housing Design
By Fernando Domenech and Alberto Cardenas
Architecture has come of age over the past half century. In that time we have seen the development of many groundbreaking structures throughout the world. A wide array of beautiful and functional buildings have been developed, from skyscrapers that seem impossibly tall to stunning creative arts centers that can be considered works of art in their own right.

Successful Work Environment Key to Strong Customer Service
By Nancy R. Mobley
“A bank can’t offer outstanding customer service unless it’s also a great place to work.” That’s the philosophy of Ed Merritt, president of Mt. Washington Bank, a Boston-based community bank dedicated to its dual mission of supporting its customers and employees. The two goals are very much linked.

Check and Balance
Banker and Tradesman's political cartoon.


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