Fixing Boston’s Housing Market
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A construction crane over Boston. (Alex Kingsbury/WBUR)
Housing is more expensive in greater Boston than just about anywhere else in the country.
Here’s how tough it is for families: Half of them who rent in this city, pay almost a third of their paychecks to their landlords. A quarter of them pay more than half. As the former candidate for Mayor of New York said, “The rent is too damn high.” It’s true in the Big Apple, and it’s true here in Boston.
And because of those high rents, investors are buying up houses — pushing up their prices well above what working Continue reading >>>