In this post, John Keith suggests five methods to help Boston be more affordable to live in, including striking out the city's affordable housing program altogether.
"...the policy does little to benefit the people it purports to help. In some ways, it actually exacerbates the problem - It reduces the (already limited) supply of new housing and ends up putting heavier demand on the market, causing prices overall to be higher than they otherwise would be.
The policy hurts the city in another way - it lowers property tax revenue. A building with 100 market-rate units might bring in 10-15% more income on an annual basis than one with 15 affordable units, based on my analysis."
FULL STORY: Opinion: Solving Boston's Housing Crisis
Boston Mayor Fights for Rent Control
Mayor Wu says putting a rent control policy in place is just one of several ways the city plans to improve housing affordability and prevent evictions, but the proposal requires state approval.
Boston Bus Signal Priority Project Yields Faster Travel Times
The city now plans to expand a year-long pilot project that reduced the time buses waited at traffic signals.
Comprehensive Parking Supply, Cost, and Price Analysis
Every time somebody purchases a vehicle they expect governments and businesses to provide parking for their use. These facilities are costly. For every dollar motorists spend on their vehicles somebody spends about a dollar on parking.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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