I think what you're missing is that, if you went to NEU, WIT, BU, et al, the places you mentioned ARE out of Boston...... that is, they're not the Fenway/Back Bay/top of the Hill/Comm Ave and appear to be that way. And when you're 25, trying to make monthly costs and still party until last call weekends, why not move to another city for less money and live in the middle of it all?
Where do you plan to move to?
And there's the problem, if you look at what people want these days it's square footage and large closets - they don't take those studios seriously as a place to live."I refuse to pay $350K for a basement condo"
You can buy a 2 bedroom in Riverway/West Fenway/Mission Hill/Alston/Brighton/Brookline for (less than) that which isn't in a basement. All areas close to public transit. Studios are going for 165-185k and 1 BRS in the low to mid 250s. Sure the square footage is small by 'modern' standards, but the layouts are typically better and quite honestly the square footage for 'modern' construction is grossly over-scaled.
As far as affordable housing:
It doesn't help that the BRA and Mayor's office stall every residential development to a snails pace. No developer wants to take the risk on a lower profit margin non-'luxury' project for the middle class when the market forecasts are neigh impossible with such uncertain long term timetables.
Okay, but that just proves the point. It's more convenient to be directly near a transit stop than to "feed off" of one in an adjacent city.
"I refuse to pay $350K for a basement condo"
You can buy a 2 bedroom in Riverway/West Fenway/Mission Hill/Alston/Brighton/Brookline for (less than) that which isn't in a basement. All areas close to public transit.
LOL.....I'm sure those are nice areas. I also know nice areas in Chelesa, East Boston, Everett, Malden, Revere, Medford, Quincy. But when you work your ass off and graduate at one of the top tier schools in the city I think most kids are more ambitious to live near closer to the city or to a much more younger hip vibe.
Roxbury and much of Dorchester are still conceived as dangerous. They are also not as well connected, through both mass transit and private alternatives like MASCO and LMA shuttles, to Longwood as JP, Brookline, Cambridge, Somerville, etc.
The Orange Line during rush hour is mostly filled with professionals, not gangbangers.
I also know nice areas in Chelesa, East Boston, Everett, Malden, Revere, Medford, Quincy. But when you work your ass off and graduate at one of the top tier schools in the city I think most kids are more ambitious to live near closer to the city or to a much more younger hip vibe.
The reason I wouldn't move to East Boston: you can't walk or bike home from anywhere else in Boston, and you can't easily reach less crowded areas or parks for recreation.
I'd absolutely love to live in Brookline, but the rest are basically dumping grounds for students. I'm 28, and I don't want to spend a quarter of a million dollars to live next to a frat party.
The easy T access to downtown is fantastic, though.
I live in the Heights (200 yards from the station) but I drive to my office in Brookline Village every day. I can't say that I'm proud of this, but the 5-7 hours of commute-time I save every week are worth more to me than the ~ $50/week I spend on tolls, parking, and gas.
Funny you should say that, because a big part of the reason why I could see myself moving back to Eastie is because I've had to buy a car (for a new commute) since moving to Cambridge. Though convenient to the T, Eastie's very much a car community, and I think with the lack of biking and walking destinations available, having a car there makes Eastie living (not to mention the commute to Brookline Village!) more tolerable.
I'm surprise nobody has drawn up a proposal to provide a bridge for pedestrians and bikes into Charlestown or Boston. But knowing Boston, even when such proposal is brought up, no money will be funded into this project.
I live in the Heights (200 yards from the station) but I drive to my office in Brookline Village every day.