Local Economic Impact of the Housing Industry - Springfield Economic cost revenue comparison 2007
Home building generates local economic impacts such as income and jobs for local residents and revenue for local governments. The downloadable reports below present estimates of the costs (including current and capital expenses) that new homes impose on jurisdictions in the area and compares those costs to the revenue generated. The results are intended to answer the question of whether or not, from the standpoint of local governments in the area, residential development pays for itself.