Mixed Genres Affected By Need For Housing

By darlenecarucci, Posted March 19, 2015

Whether Baby Boomer or Millenial, the need for affordable housing is dire in greater Boston. According to statistics, more than 38% of Boston’s homeowners are spending one-third of their income while 25% of renters spend half of their salaries to keep a roof over their head.

These statistics have residents, builders and politicians debating the solution to the shortage of affordable, scalable housing.  Empty-nesters downsizing and first-time homeowners are vying for the very same thing, which is affordable, low-maintenance housing, and this may be an instance where seniority will not take priority.

As the following link suggests, solutions are debatable while the need is greater than ever.

http://www.bostonglobe.com/business/2015/03/17/housing-out-sync-with-region-needs/Pf6yhGhHs8bb5bF0yFXk0N/story.html

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