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Gas hookup moratorium putting chill on housing, real estate

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By Michael P. Norton STATE HOUSE NEWS SERVICE BOSTON — The state’s twin natural gas crises are now taking a toll on housing and economic development in Massachusetts. While impacts on devastated Merrimack Valley residents and locked-out union workers have been well documented, commercial real estate and home construction sector officials told the News Service Tuesday that moratoriums on non.

Point Loma Nazarene University published a report identifying regulation as responsible for 40 percent of our local housing costs. A moratorium would inflate that percentage.. Real Estate News.

Karyn Polito Tuesday that sparse municipal budgets combined with impediments to economic development, including a recent moratorium on natural gas hookups, are major issues for the city. The gas.

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Housing Bubble 2.0 - Zillow Lost $109k Per Flip - Fannie/Freddie Fuel Financing - iBuyers Increase Con Edison released a statement in response to the county’s planned request for a delay in the natural gas connection moratorium that at least on the surface seemed to indicate a reluctance to change the March 15th implementation date. "We understand the difficulties the temporary natural gas moratorium may present to new customers.

Thousands of housing units and dozens of businesses across the state are sitting empty as developers are held hostage by a moratorium on the natural gas line work they need to get their buildings open after National Grid locked out its union workers nearly six months ago.

An example of what lies ahead can be found in the upstate Village of Lansing near Ithaca, where a natural gas hookup moratorium was imposed. This led directly to the abandonment of a planned new medical facility that would have created 100 new jobs.

There are still some good sales in my area (near Boston) for the next few days in appliances. My oven doesn’t work anymore, so I thought I’d get a new gas range, so I could use it to cook, occasionally, and also present at least one fairly new appliance to the potential buyers when I put the condo on the market.

Sentinel & Enterprise: Gas hookup moratorium putting chill on housing, real estate: 11/13/2018: WBUR: Stalled Housing Bill ‘Primed For Passage,’ Mass. Municipal Association : 11/9/2018: Boston Business Journal: National Grid lockout, gas moratorium a ‘recipe for disaster’ for developers: 11/8/2018

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