The Boston region has achieved a jobs-housing imbalance only bested by the San Francisco Bay Area since the Great Recession.
"By historical standards, Greater Boston has added a lot of housing in the last few years. But it is adding even more jobs. And that’s a key reason why living here keeps getting more expensive," reports Tim Logan.
The results of a new research from the real estate website Apartment List, "which found that since 2008 the region has added 2½ times as many jobs as it has housing units," according to Logan. Only the San Francisco Bay Area has achieved a greater imbalance during that time.
"Since the 2008 recession, Greater Boston’s economy has added about 275,000 jobs, many of them in well-paid industries like technology and life sciences. At the same time, it has added 108,000 apartments and condos, mostly in Boston and a handful of nearby municipalities," adds Logan for more details.
FULL STORY: Boston-area housing gains lag job growth, report says
New Market-Rate Housing Lowers Rents for Everyone, According to New Research
A study published by a German researcher adds ammunition to the cause of improving housing affordability by legalizing and building new supply.
Lack of Multi-Family Zones Contributes to Nashville’s High Housing Costs, Study Says
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Boston Mayor Fights for Rent Control
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Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
How Atlanta Built 7,000 Housing Units in 3 Years
The city’s comprehensive, neighborhood-focused housing strategy focuses on identifying properties and land that can be repurposed for housing and encouraging development in underserved neighborhoods.
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Report: Zoning Reforms Should Complement Nashville’s Ambitious Transit Plan
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Judge Orders Release of Frozen IRA, IIJA Funding
The decision is a victory for environmental groups who charged that freezing funds for critical infrastructure and disaster response programs caused “real and irreparable harm” to communities.
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