| Newton MA News and Politics BlogIn light of all the recent conversation, both at the local and the state level, about development, I wanted to share for discussion this recent presentation by the non-profit Massachusetts Housing Partnership

Some of the highlights:

  • Housing production has sharply declined in Massachusetts despite increases in population and employment
  • Massachusetts now has one of the lowest rates of housing production in the U.S. 
  • Without adding any new people or new jobs, the state’s housing supply is already about 44,000 units short of demand. Most of that shortfall is in metro Boston.
  • Most of the regions with which we compete for skilled workers are building more housing and have lower housing costs

I pose this question to my neighbors: At what point does this become our problem?

Surrounding communities that welcome development such as Boston, Cambridge, Chelsea, Everett, and Watertown are building as fast as they can, accounting for more than half of the multifamily units created in the entire state. And yet even with that, we’re falling further and further behind the housing our economy needs to continue to grow.