A Case For Smart Growth Legislation As A Complement To Chapter 40B


By Susan Gittelman | Special to Banker & Tradesman Housing costs and housing affordability are on everyone’s mind in Massachusetts. Whether you are trying to put down roots, hire an employee, or stay more closely connected with grandchildren on something other than Skype, you know that we desperately need a lot of new places to live in the commonwealth. The biggest obstacle […]

Squeezed: Funders Grapple with Affordable Housing in a Pricey City

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By Alyssa Ochs | Inside Philanthropy According to Citizens for Adequate Housing, Massachusetts’ housing wage (the minimum hourly wage needed to afford a two-bedroom apartment) is $24.08, which is 282 percent above the state’s minimum wage of $8.50 and well above the national average of $18.62. Those numbers explain why the family shelters here are full. Over […]

Foreclosures continue climb in Lynn

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By Thomas Grillo | The Daily Item The number of homeowners facing foreclosure in Lynn grew by nearly 30 percent this year as the economic recovery continues to elude many local families, according to The Warren Group, the Boston-based real estate tracker. Lenders filed 105 petitions to foreclose, the first step in the foreclosure process, from January […]

Hunting for a starter home in Greater Boston? Good luck.


By Michael Bodley | The Boston Globe Greater Boston is running out of starter homes. Many communities in Eastern Massachusetts often have just a handful of homes for sale for less than $500,000, and inventory has been shrinking rapidly in recent months. While the region has long struggled with a shortage of properties across the range of […]

Boston’s centric boom hurts those caught in the middle


By Drake Pena | Boston Agent Magazine In many parts of Beantown, real estate is booming. Despite that, many of Boston’s middle-class residents are finding it harder and harder to seek out affordable places to live, according to a recent Boston Globe article. “Nobody has figured out how to build housing the middle class can afford,” said […]

Housing boom isn’t hitting Boston suburbs


By Tim Logan | Globe Staff These are boom times for building in Greater Boston. But really only in parts of it. The epic surge in housing construction that is reshaping Boston and some of its immediate neighbors is largely bypassing many suburbs and the smaller cities that ring the region. And that, industry specialists […]

The Rent Is Too Damn High


In honor of the launch of WGBH’s series on housing in Massachusetts, Block By Block, Boston Public Radio took a look at home ownership in our state. As housing costs surge and the economic landscape changes, how will the working and middle class keep up? GUESTS: Barry Bluestone Expert on housing, economic development and public […]

US housing crunch: The price isn’t right


By Jessica Mendoza | The Christian Science Monitor Anna Slavicek refuses to leave the Mission. As escalating housing costs drive her fellow teachers out of San Francisco, Ms. Slavicek stays put, determined to remain in the historic neighborhood where she has lived and taught for 22 years. To make rent, she shares a two-bedroom apartment with two […]

Are Boston Rents Slowing?


A new housing report from real estate firm REIS says monthly rents in Boston increased by just .1 percent in the first quarter of this year. After five years of increases, the slowdown appears to be good news. Yet, the average apartment in Greater Boston still rents for over $2,000 a month. It turns out, if you […]

This City Wants to Create a Village for Millennials


By Kerry Close | Money In Boston, it takes a village to cope with pesky millennials. While students and young professionals between the ages of 20 and 34 have increased the city’s economic prosperity, they’ve also driven up real estate prices by 95% between 2009 and 2015, a new report from a Massachusetts State Senate committee argues. […]

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