Starter homes : middle income housing in Boston
Author(s)Cohen, Phillip D.(Phillip David); Stattman, William T.
Middle income housing in Boston.
Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development.
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This thesis assesses the residential real estate development industry in Greater Boston and makes policy recommendations to increase the supply of middle-income housing. Boston's rapid growth in the decade since the Great Recession has caused a housing shortage for middle-income families who cannot afford luxury housing nor qualify for subsidized units. This analysis addresses the problem with a broad study of the real estate market using public reports, market data, and professional interviews. It concludes that opportunities for middle-income housing can be expanded by adding supply to the larger market, reducing development costs to build housing in naturally affordable areas, and utilizing funds for income restricted housing. This thesis makes thirteen specific recommendations in six categories, including land use and zoning, design, construction, transportation, finance, and taxes. These recommendations can be implemented together or individually to mitigate high housing costs for middle-income families in eastern Massachusetts.
This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, 2018Pages 105 and 106 blank. Cataloged from student-submitted PDF version of thesis.Includes bibliographical references (pages 96-101).
DepartmentMassachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development
Massachusetts Institute of Technology
Center for Real Estate. Program in Real Estate Development.