General Boston Discussion

www.bostonherald.com

Boston chamber leaders confront crippling outmigration

The startling outmigration of 182,000 residents from Massachusetts in less than a decade is a glaring warning sign that the city has lost its edge, chamber leaders warn.
www.bostonherald.com www.bostonherald.com

Boston chamber leaders confront crippling outmigration​


Time for city to get competitive or face the dire consequences​


“The startling outmigration of 182,000 residents from Massachusetts in less than a decade is a glaring warning sign that the city has lost its edge, chamber leaders warn.

It’s not economic armageddon; it’s more of a landslide of losses piling up fast.

“We need to adjust to the new realities of the post-COVID world, and we’ve got to take action now,” said Miceal Chamberlain, the new board chairman of the Greater Boston Chamber of Commerce.

He sat with the Herald to declare that the staggering cost of housing, scary-high heating bills, and an overall lack of competitiveness must be tackled in unison. He’s the Bank of America president of Massachusetts and a Northeast Regional executive. Greater Boston Chamber of Commerce President & CEO James Rooney joined him.…..”
 
Meh. Fixing housing here isn't really possible.
 
She did it! Michelle Wu solved our housing crisis! 12,000 new housing units instead of the 52,000 she pledged before.

‘Ambitious but possible’: Wu plans on new tax breaks, reworked zoning to tackle Boston housing crisis​


Over her five years in office, Boston Mayor Michelle Wu has pledged to rein in the city’s sky-high cost of housing, to little avail. Rents continue to climb, construction has slowed, and residents continue to trickle away for places they can better afford.

Now, her administration is considering a host of changes in hopes of finally cracking the problem, including tax breaks for “high-priority” projects struggling for financing and zoning to encourage more affordable housing developments in key neighborhoods.

At the same time, housing officials are preparing to lower expectations for how much housing can realistically be built amid the current economic conditions.

A draft of the Wu administration’s new plan, obtained by the Globe, indicates the city hopes to permit 3,000 new housing units annually over her second four-year term. That’s fewer than the 13,000 she set out to build over her first four years in office, but roughly on pace with construction over the last 18 months.
Click to expand...

www.bostonglobe.com

‘Ambitious but possible’: Wu plans on new tax breaks, reworked zoning to tackle Boston housing crisis - The Boston Globe

Top Boston housing officials are devising a strategy to rein in soaring costs over the next few years.
www.bostonglobe.com www.bostonglobe.com
 
Let's give credit where credit is due. Wu didn't bring the good times to a screeching halt, Maga Mike's guy did that.
 
KCasiglio said:
Careful, Mayor Wu might make you housing czar with that attitude
Click to expand...

It's too expensive to build here to have any kind of real impact on prices.

(Plus people leaving over SFH prices isn't exactly a new thing)
 
stick n move said:
Cold formed steel is starting to become more popular for small multifamily construction. So papier mAche guy wont have to worry tooo much longer.


Click to expand...
I like the fire-resistent aspect of steel framing. I grew up in an apartment building with no wood framing, and I'm happy it was that way. We never had to worry about the building burning down.
 
JohnAKeith said:
Okay but I forget, which was the last city in the country to exit COVID restrictions?
Click to expand...
You tell me. Should have been sooner like Texas, huh? I worked through COVID and I don't recall exactly when you were required to return to your office.
 
You must log in or register to reply here.

Back
Top