Boston homeownership keeps sliding

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By Tim Logan | Globe staff The homeownership rate in Greater Boston plunged last year, according to data released Thursday by the US Census Bureau, dipping below 60 percent for the first time on record. The decline is in large part attributed to the recent population growth, driven by a wave of young adults moving […]

MassWorks Assistance Can Help Boost Housing Supply

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By Susan Gittelman While the state’s MassWorks program is best known as an important catalyst for job creation, Susan highlights the significant role that it has come to play in the production of housing in our state. Read Susan’s OpEd in Banker & Tradesman this week: Click here to get the PDF.

For The First Time, Greater Boston Condo Prices Equal Single-Family Homes

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By Jim Morrison  For the first time in the region’s history, the median sale price of a single condo unit in Greater Boston is virtually equal to the median sale price of a single-family home. “It tells a mammoth story about the change in demand of the type of housing people are seeking,” said Barry […]

Development costs cripple both builders and buyers

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By Jennifer Smith, Dorchester Reporter Staff As the already-high cost of development in Boston continues to rise, it is threatening to eclipse the possibility of a stable Greater Boston housing market, according to the Boston Foundation’s 2015 report card, which was released last Friday. Unless the city becomes more welcoming to higher-density building, housing in the […]

Soaring Boston construction costs holding back middle-class housing development

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By Kim Slowey Dive Brief: The Boston Foundation’s Greater Boston Housing Report Card for 2015 found that, although Boston is enjoying a luxury housing boom, area construction costs are too high to make building middle class housing feasible, WBUR reported. Despite a median household income of $58,000 in Boston, the report said it takes an income of […]

Like ‘Friends’ without the hallway

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Long-term adult roommates are Boston’s future — and the city needs to plan for it By Mike Ross Much of Boston’s existing housing stock was built for a very different time — a city filled with families, with more than half of the adults married. Children made up approximately one-third of the population, and households […]

Report: Construction Costs Make It Prohibitive To Build Middle Class Housing Around Boston

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By Simón Rios, WBUR While Boston experiences a boom in luxury housing, construction costs have made it prohibitive to build housing for the middle class. That’s according to The Boston Foundation, which released its Greater Boston Housing Report Card for 2015 Friday. In most parts of the country, rising demand for housing results in increased production. […]

Land costs, labor drive Boston-area housing prices out of control

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By Tim Logan, Globe staff Boston will be stuck in an endless housing crunch, despite adding tens of thousands of new residences in the past few years, unless it finds a way to curb the rapidly increasing cost of building here, a Boston Foundation report to be released Friday finds. The study found that surging land […]

Our houses don’t fit us anymore

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By Mike Ross Much of Boston’s existing housing stock was built for a very different time — a city filled with families, with more than half of the adults married. Children made up approximately one-third of the population, and households averaged three people. If you were single, you likely lived in one of the downtown […]

Is buying a home around Boston worth it anymore?

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By Keith O’Brien THE VIBE IN THE ROOM is contained desperation. Everyone is afraid of something. The woman in the back is worried about commitment. “The responsibility of it,” she says. The man two rows in front of her is concerned about making a mistake. “A bad investment,” he calls it. And then, maybe, you’d […]

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