JumboBuc
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With respect to increasing housing stock in the suburbs, it's important to remember the plenty of jobs are also in the suburbs. It's just not the case that everyone who lives outside of Boston and its immediate neighbors needs to commute into the city for work. There must be stats on this somewhere, but I'd bet that the far majority of cars stuck in 128 traffic every morning is neither coming from nor going to a transit accessible destination.
If the suburbs were to see an increase in housing stock, a very large portion of the people who would live in that new housing would have no need to commute into the city. Many of them already work in and drive around the suburbs on a daily basis. Increasing housing options could even, to some extent, decrease traffic, as a loosened housing market would give these people more options to live where they want--not just where they can afford-- and in many situations they'd choose to live in a suburb closer to work.
If the suburbs were to see an increase in housing stock, a very large portion of the people who would live in that new housing would have no need to commute into the city. Many of them already work in and drive around the suburbs on a daily basis. Increasing housing options could even, to some extent, decrease traffic, as a loosened housing market would give these people more options to live where they want--not just where they can afford-- and in many situations they'd choose to live in a suburb closer to work.