Housing

From American Dream to “American Scream”

“Occupy” protesters with tents pitched in city parks and loud marches in scores of US cities have been beating a drum figuratively — and sometimes literally — about the economic angst Americans are feeling at a time when those at the very top are doing better than ever. Long before anyone descended on Zuccotti Park(...)

Read More »

97.4

97.4

Massachusetts’s score on MassINC’s middle-class index shows only a slight drop since the start of the decade, but some of the data are ominous

the bay state economy expanded by more than 10 percent last decade—8 percent growth on a per capita basis after accounting for inflation. It’s not the Massachusetts Miracle, but given that we were nearing the peak of the tech boom in 2000, and in 2010 we were barely emerging from an even bigger bust, these(...)

Read More »

Out of reach

Out of reach

The housing bubble burst six years ago, but homeownership is even more elusive today for middle-class families in Massachusetts

Jeffrey Goldstein lived the American Dream growing up. His father joined the postwar exodus from the city, and got his own piece of land out in the suburbs. Like many families in the postwar real estate boom, Goldstein’s father was the first in his family to own a piece of the rock. For Goldstein’s father’s(...)

Read More »

The Download: House hunting

Headlines about housing woes are usually followed by tales of low-income families squeezed by the sky-high cost of housing in Greater Boston. But that very difficult reality has obscured a very different housing story that is playing out in the state’s Gateway Cities, where subsidized housing has taken over local housing markets and is holding(...)

Read More »

Jobs held hostage by housing

Jobs held hostage by housing

Trends suggest the state’s high housing costs could drag down job growth once again

Like new england Patriots victories, high housing costs became matter of fact in Massachusetts over the last decade. As we rebuild from the Great Recession and the housing bubble that precipitated it, now is a good time to revisit whether the high cost of living is something the state can continue to take for granted.(...)

Read More »

Right to rent slow to catch on

Right to rent slow to catch on

Program lets homeowners facing foreclosure stay in their homes as renters

As the sun broke through a bank of gray clouds one recent September morning in Dorchester, a glimmer of hope filled a small group of protestors. A Massachusetts constable had been expected to show up at the door step of Martin Ovalles to evict him from his three-story Victorian at 9 a.m. It was now(...)

Read More »