Gentrification across Boston has created a significant shortage of affordable housing, in particular rentals that are too often beyond the reach of so many – especially young people of color.
Consumers saw how hard small businesses were hit by the COVID-19 pandemic and now – as they resume in-person shopping and sit-down dining – it appears they want to help.
“Tenant right of first refusal,” sometimes called “TOPA” is making inroads among state legislators. But the idea has a bad track record and would severely violate landlords’ property rights.
Owners who are just now putting their homes on the market appear to be an optimistic bunch. Whether they are too hopeful remains to be seen, but the signs are pointing to a slowdown that could stop the march of ever-higher prices.
Housing data shows how a lack of new homes – caused by a reluctance to change with the times – is choking our state and getting in the way of addressing climate change and addressing racism’s legacies.
While the Fed is desperately hoping for a ‘soft landing’ for the United States, it looks like it’s becoming harder to avoid a recession.
Baker takes a trip to the future.
Teamwork makes the dream work.
