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Housing bank would not overly impact real estate, study finds - The Martha's Vineyard Times
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Housing bank would not overly impact real estate, study finds - The Martha's Vineyard Times
A report by a state university research department found that a transfer fee on luxury real estate would make a minimal impact on the Martha’s Vineyard market, addressing the main concern from opponents of a proposed affordable housing funding mechanism for the Island. The study, conducted by the University of Massachusetts Amherst Donahue Institute (UMDI) at the request of the Martha’s Vineyard Commission (MVC), found that a transfer fee could …
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