How to Keep Gateway Cities Growing
Between inflation, the high cost of borrowing and an immigration crackdown, growth in Massachusetts’ Gateway Cities is slowing. Three ideas can turn things around.
Between inflation, the high cost of borrowing and an immigration crackdown, growth in Massachusetts’ Gateway Cities is slowing. Three ideas can turn things around.
Regardless whether you believe that this represents sound federal policy, large amounts of capital flowed from Massachusetts investors to high-growth states after 2018.
Old-style duplexes make up only 3 percent of new homes in Massachusetts. But CDCs like OneHolyoke are keeping them alive in the state’s Gateway Cities.
There’s a rising fascination with helping homebuyers access their first homes. But it won’t fix the core issue: We don’t create many new affordable homes for sale.