Five Moves to Fix Boston's Housing Problem

In this post, John Keith suggests five methods to help Boston be more affordable to live in, including striking out the city's affordable housing program altogether.

"...the policy does little to benefit the people it purports to help. In some ways, it actually exacerbates the problem - It reduces the (already limited) supply of new housing and ends up putting heavier demand on the market, causing prices overall to be higher than they otherwise would be.

The policy hurts the city in another way - it lowers property tax revenue. A building with 100 market-rate units might bring in 10-15% more income on an annual basis than one with 15 affordable units, based on my analysis."

Full Story: Opinion: Solving Boston's Housing Crisis

Comments

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!
Book cover of Contemporary Debates in Urban Planning

Contemporary Debates in Urban Planning

Featuring thought-provoking commentary and insights from some of the leading thinkers and practitioners in the field.
$18.95
Woman wearing city map tote bag

City Shoulder Totes - New Cities Added!

Durable CityFabric© shoulder tote bags available from 9 different cities.
$22.00