The Cost of Affordable Housing Construction in New York City

February 14, 2008. Testimony presented by FPI chief economist James Parrott to the Assembly Committee on Housing. Significant fiscal costs arise from the rampant practice in affordable housing construction of illegally misclassifying workers as independent contractors or off the books. Also, paying prevailing wage can actually decrease costs, by attracting more productive workers. Testimony >>

Published On: February 14th, 2008|Categories: Economic Outlook, Economic Trends & Policy, Labor Market & Workforce, Testimony|

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February 14, 2008. Testimony presented by FPI chief economist James Parrott to the Assembly Committee on Housing. Significant fiscal costs arise from the rampant practice in affordable housing construction of illegally misclassifying workers as independent contractors or off the books. Also, paying prevailing wage can actually decrease costs, by attracting more productive workers. Testimony >>

Published On: February 14th, 2008|Categories: Economic Outlook, Economic Trends & Policy, Labor Market & Workforce, Testimony|

Share on Social Media!