Three jurisdictions — and three starkly different tactics — to lure HQ2 with incentives

From The Washington Business Journal (subscription required): Maryland, Virginia and D.C. all made the short list for Inc.’s second headquarters, but the three jurisdictions couldn’t be more different in their tactics for winning the HQ2 incentive race. There is the wide open approach. Maryland was very public with its proposed Promoting ext-Raordinary Innovation in Maryland’s Economy

Welcome to suburbia: the millennials done with city life – and city prices

From The Guardian: A green sign with a horse-drawn carriage marks the turn in the road: Townes at Covington, it reads, a nod to the management company running properties in this quiet cul-de-sac 30 minutes outside Washington DC. Of course, there aren’t any horse-drawn carriages here. There aren’t even really any pedestrians. I drive up to

While federal employment shrinks in D.C., government contractors are on a hiring spree

From The Washington Post: Eighteen months after Donald Trump came to Washington promising to “drain the swamp,” his presidency is proving to be a mixed bag for the regional economy. Far from gutting Washington’s biggest economic asset — the federal government — the direction of federal spending under a Republican-controlled Congress is creating winners and losers

Researchers Warn ‘Baby Boomer Sell-Off’ Could Flood Certain Housing Markets

From ReverseMortgageDaily: The preference for baby boomers to age in place has been blamed in part for lower homeownership rates among millennials, who have been forced to compete for a smaller slice of available properties on the market. But now experts warn that even just a slight change in older homeowners’ attitudes could lead to a

Could baby boomers spur a housing bust?

From The Chicago Tribune: Will baby boomers turn into party poopers when they unload their homes in large numbers starting in the next decade? Could they create an indigestible oversupply in the market that lowers home prices and frustrates sales? That’s a sobering scenario outlined by two new, provocative studies. One, from Fannie Mae’s Economic and Strategic