Prof. Albert Saiz speaks with USA Today reporter Bailey Schulz about the growing popularity of build-to-rent communities. With the U.S. estimated to be short anywhere between 1 million and 7 million single-family homes, depending on the source, “more housing is always better,” Saiz notes. He adds: “If you did not have this built-to-rent outlet for development, you wouldn't have these developments happen.”
Prof. Nathaniel Hendren and Prof. Justin Steil speak with New York Times reporter Jason DeParle about the difficulty in building affordable housing in opportunity-rich neighborhoods. “A lot has changed in American life over the past 50 years, but the hostility to affordable housing has remained surprisingly durable,” Steil explains. “Where you grow up matters a great deal for shaping your life outcomes,” Hendren adds.
Prof. Jonathan Gruber speaks with GBH reporter Hannah Loss about whether buying or renting a home is a better financial move. “I’m not saying people shouldn’t buy homes,” says Gruber. “I’m just saying that they should do it as a rational economic calculation. They should account for their propensity to save and whether they can handle the uncertainty of homeownership. They shouldn’t do it because their parents said it was a good idea.”
Prof. Albert Saiz speaks with Washington Post reporter Andrew Van Dam about the influence of geographical regions in politics. “High-amenity areas are more desirable and tend to attract the highly skilled,” says Saiz. “These metros tend to have harder land constraints to start with, which begets more expensive housing prices which, in turn, activate more NIMBY activism to protect that wealth.”
Researchers from MIT and elsewhere have found that new building codes put in place to combat climate change could impact home affordability in the greater Boston area, reports Paula Ebben for CBS Boston, “If widely adopted, [the codes] could add up to $23,000 to the cost of an average home, leaving an additional 33,000 Massachusetts residents priced out of the market,” writes Ebben.
A study from MIT and elsewhere has found that a new building code in Massachusetts designed to promote “net zero” development, “would increase construction costs and potentially worsen the state’s housing crisis,” reports Greg Ryan for NBC Boston.
Prof. Albert Saiz discusses how older Americans are impacting the real estate market in the Greater Boston area. “There’s a mismatch now,” saysSaiz. “As people age in place, these households tend to be two people or sometimes one person in maybe a three- or four-bedroom home. Since they’re not downsizing as we expected, we have a huge, huge need for bigger homes to host younger families.”
A new study conducted by Prof. Albert Saiz and his colleagues has found “for housing access to improve in Mexico, financial support such as mortgages or subsidies, along with greater buy-in from local governments and the private sector, is key,” writes Kylie Madry for Reuters.
Researchers from MIT, the University of Southern California, Redfin, and the National Bureau of Economic Research found that property listings with flood risks were less likely to be looked at and bid on by potential homebuyers, reports Leslie Kaufman for Bloomberg.
A new study by Prof. Albert Saiz has found that Mexican housing must become denser and better planned in order to provide adequate living options to lower-income parts of the population, reports Kylie Madry for Reuters. “According to Saiz, the prevalence of self-built, one-family homes is a bigger problem than growing numbers of ‘digital nomads’ – remote workers living in Mexico but earning disproportionately large salaries from abroad – which have been the focus of criticism since the coronavirus pandemic took many jobs online,” writes Madry.
Prof. Devin Michelle Bunten and University of Pennsylvania Prof. Amy Hillier published an analysis on how to bring more queer and intersectional approaches to fair housing, reports Rachel M. Cohen for Vox. “The legality of private discrimination against most household structures mirrors the skepticism of nonnormative housing long espoused by public policy,” Bunten and Hillier write.
A new report co-authored by Lecturer Eric Robsky Huntley has found that tenants in predominately nonwhite neighborhoods are nearly twice as likely to face eviction than renters in mostly white areas, reports Chris Lisinski for WBUR. “Our takeaway here is that we really have to act now,” says Huntley. “Ensuring an equitable recovery is a critical first step toward securing safe and stable homes for all.”
Lecturer Eric Robsky Huntley has found that eviction rates for communities of color in Massachusetts were nearly twice as high as eviction rates for predominately white neighborhoods, reports Katie Johnson for The Boston Globe. “In neighborhoods made up predominately of people of color, landlords filed 30 evictions for every 1,000 renters, while majority-white neighborhoods had 18.5 evictions filed for every 1,000 renters,” writes Johnson.
A new analysis by lecturer Eric Robsky Huntley finds that communities of color were hit harder by new eviction filings than white residents after Massachusetts’s eviction moratorium ended in October 2020, reports Adam Reilly for GBH. “Huntley also found that there were nearly twice as many eviction filings per renter in predominately nonwhite communities as in predominantly white ones – and, in certain municipalities, the disparity was even greater,” writes Reilly.
Lecturer Malia Lazu writes for Banker & Tradesman about the future of the Boston business community as Mayor Michelle Wu takes office. “At the end of the day, Mayor Wu’s priorities are not that different from those of the business community: transportation infrastructure that brings people to job centers, stronger schools that create pathways to jobs, climate resiliency that keeps city infrastructure stable in the future, affordable housing and a diverse workforce, among others,” writes Lazu.