Boston economists are sounding the alarm: while the city itself is adding plenty of housing, there's not a lot happening in the suburbs. That may adversely affect older folks who want to sell and younger people looking to buy.
Tim Logan discusses work by Northeastern University economist Barry Bluestone, who argues that as central Boston adds more housing, "working families are being priced out by graduate students and young professionals, while too little is being built in more-affordable areas."
Boston's share of the region's construction, Logan writes, has nearly doubled since 2012. "While a handful of towns — from Plymouth to Framingham to Chelmsford — have added large amounts of housing in the past few years, most towns near Boston have added very little, especially in the form of modestly priced apartment and condo buildings."
FULL STORY: There’s barely any housing being built in the suburbs
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Economic & Planning Systems, Inc.
UCLA Lewis Center for Regional Policy Studies
Mpact (formerly Rail~Volution)
Chaddick Institute at DePaul University
City of Piedmont, CA
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research