The Real Estate Wonk: Housing's impact on gov't jobs - Baltimore homes, apartments, real estate: Buying, selling, renting and housing news from reporter Jamie Smith Hopkins

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January 16, 2008

Housing's impact on gov't jobs

Phillip McGowan has a story today detailing cuts and hiring freezes in local government agencies. Why should a real estate wonk take note? Because the housing slump is partly to blame. Fewer sales means fewer people paying transfer taxes.

Local governments are also blaming "wilting state aid and shrinking revenue from income taxes," McGowan reports:

Baltimore City and Charles County, followed in the past two weeks by Montgomery and Anne Arundel counties, have announced they will not fill job vacancies -- 1,000 openings in Montgomery alone.

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About Jamie Smith Hopkins

Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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