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
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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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The state-sanctioned urbicide of Austin
People don’t kill cities. Freeways do.
US to reduce Colorado River water deliveries to Mexico
A new Colorado Treaty amendment reduces Mexico’s Colorado River water allocation by 250,000 acre feet.
New Jersey’s second-largest city bans standalone data centers
Jersey City will continue to allow co-location facilities, such as those meant for research institutions that store their own data.
Amtrak not solely to blame for New Jersey commuter rail's unreliability, report finds
A new study from the Garden State Initiative found that NJ Transit’s budget grew 20% across a 4 year period, but reliability declined significantly over the same period.
EPA erases limits on planet-warming pollution from power plants
Under Monday’s plan, power plants would still have some limits on how much mercury, arsenic and other contaminants they can emit.
Phoenix announces new on-demand transit service, more frequent RAPID buses
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FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Eagle County Government
Harvard University Graduate School of Design
Nashville Planning Department
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello
Journal of the American Planning Association