But it feels good. In reference to this recent bit of proposed legislation I sent this:
Senators Joyce and Jehlen:
Sen. Joyce recently filed a bill to give recent graduates a financial incentive to stay in Massachusetts. It’s a bad idea. Here’s why: it helps a few people to buy into the overpriced market, but it doesn’t solve the root problem of Massachusetts being unaffordable. In fact, it contributes to that problem by adding to inflation.
The bill also seems unfair. I make less than 135% of the median wage in these parts and graduated from college. If I threaten to pull up stakes and move somewhere cheaper, would you give me ten grand?
Instead of paying people to stay nearby, you should focus on making the area more attractive for everyone. Start with an increase in the amount and variety of housing available (i.e. cut back on construction delays and NIMBY roadblocks), improve transit and public safety, and work to foster community relations between locals and universities so that people have friends and social networks to keep them in town.
I encourage you to scuttle this bill and focus on something more useful to the commonwealth.
Thank you for your time.