In White Stadium Fight, Echoes of Boston’s Past
A quarter-century separates Boston Mayor Michelle Wu’s controversial soccer arena plans and the city’s last major sports stadium battle. Could they end the same way?
A quarter-century separates Boston Mayor Michelle Wu’s controversial soccer arena plans and the city’s last major sports stadium battle. Could they end the same way?
Boston’s mayor and Massachusetts’ governor have been cheerleaders for downtown firms to bring their employees back to the office full-time. But they could be doing a lot more with their own workforces.
Has Boston Mayor Michelle Wu managed to unite real estate developers and neighborhood activists against her with pending tax increases on homeowners and the White Stadium redevelopment?
A pair of studies suggest the accelerating departures mean a state revenue bump from the Millionaires Tax will be relatively fleeting.
Don’t look now, but the housing shortage that has driven home prices and rents to insane levels is about to get even worse. And many towns and cities still aren’t doing their part.
Developers pulled building permits for just 82 new Boston units in the last two months, the worst fall showing in nearly a decade. The cost of city policies is partly to blame.
Next time it may not be so easy for Boston’s mayor. And given current market trends, not only will there almost certainly be a next time, and it won’t be long in coming, either.
It was one of the most telling exchanges of Democratic Sen. Elizabeth Warren’s debate with Republican challenger John Deaton. And it reveals a lot about why bolder action on housing costs has been so elusive.
Gone unnoticed amid all the heated debate are signs that the underlying problem – the decline in office building values – may be even more serious than first thought.
The good news is that Boston’s 2025 tax revenue crisis may not be as bad as some have feared. The bad news is office values may have further to fall.
If political happy talk could be converted into housing units, the cost of a home wouldn’t be nearing $1 million in Greater Boston. But it’s a reality our state and local pols seem incapable of grasping.
Developers and real estate executives weren’t tapping furiously at their keyboards and burning up my phone line in praise of the mayor’s announcement of a $100 million “Housing Acceleration Fund.”
Congresswoman Alexandria Ocasio-Cortez rose to national prominence with her Green New Deal. Now, she’s turning her attention to the nation’s housing crisis with similar fanciful thinking.
The Fed’s long-awaited cut comes too late to save the housing market, which is now mired in what is likely to be a prolonged slump that could take years to climb out of.
If huge housing complexes next to transit hubs are allowed to become the de facto symbol of YIMBYism, the cause is all but doomed in our politically polarized country.
The reminders are all around us that Massachusetts helped give birth to the Industrial Revolution. We still can revive that legacy with attention from state leaders.
Has the national Democratic Party finally embraced the YIMBY cause? It certainly feels that way after two big speeches in the last 10 days.
When will local progressive politicians see – and act – on how their policies are enabling sizable rent increases by stifling housing construction?
Each of the high-profile bills Beacon Hill passed or failed to pass last week deserved public scrutiny and debate, including votes at normal times open for all the public to see.
Kamala Harris should look to former Boston Mayor Marty Walsh, Gov. Maura Healey and former Gov. Charlie Baker for tips on winning over swing states with a pro-growth agenda.