Soaring Boston construction costs holding back middle-class housing development

Construction Dive

By Kim Slowey Dive Brief: The Boston Foundation’s Greater Boston Housing Report Card for 2015 found that, although Boston is enjoying a luxury housing boom, area construction costs are too high to make building middle class housing feasible, WBUR reported. Despite a median household income of $58,000 in Boston, the report said it takes an income of […]

Olympic legacy, in 3 boxes

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By Shirley Leung, The Boston Globe  If you want to know more about the good, the bad, or the ugly about Boston 2024, seek out Northeastern University economist Barry Bluestone. A few weeks before Boston pulled the plug in July on its improbable bid to host the Summer Games, Bluestone was named the co-chair of Boston 2024’s Legacy Committee. As such, he […]

Like ‘Friends’ without the hallway

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Long-term adult roommates are Boston’s future — and the city needs to plan for it By Mike Ross Much of Boston’s existing housing stock was built for a very different time — a city filled with families, with more than half of the adults married. Children made up approximately one-third of the population, and households […]

Report: Construction Costs Make It Prohibitive To Build Middle Class Housing Around Boston

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By Simón Rios, WBUR While Boston experiences a boom in luxury housing, construction costs have made it prohibitive to build housing for the middle class. That’s according to The Boston Foundation, which released its Greater Boston Housing Report Card for 2015 Friday. In most parts of the country, rising demand for housing results in increased production. […]

How $15 minimum wage fight became a juggernaut in three years

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By Henry Gass, The Christian Science Monitor  Three years ago this month about 200 fast-food workers in New York City walked off the job in protest of low wages and poor working conditions. The New York Times described the protest as “by far the largest series of job actions at fast-food restaurants ever” and “part of an […]

Land costs, labor drive Boston-area housing prices out of control

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By Tim Logan, Globe staff Boston will be stuck in an endless housing crunch, despite adding tens of thousands of new residences in the past few years, unless it finds a way to curb the rapidly increasing cost of building here, a Boston Foundation report to be released Friday finds. The study found that surging land […]

Projected jobs not to require college degree, study finds

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By Carolyn Hoffman Within the next decade, many jobs that are expected to become available in Massachusetts will require less than a bachelor’s degree, a Monday report by Northeastern University’s Dukakis Center for Urban and Regional Policy found. Between 2012 and 2022, those with associate’s degrees or a vocational education will fill many of the […]

Our houses don’t fit us anymore

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By Mike Ross Much of Boston’s existing housing stock was built for a very different time — a city filled with families, with more than half of the adults married. Children made up approximately one-third of the population, and households averaged three people. If you were single, you likely lived in one of the downtown […]

Study: Massachusetts needs ‘huge training effort’ in vocational education to meet workforce trends

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By Carolyn Robbins  While a four-year college education will continue to give graduates the best shot at getting a high-paid job, by the beginning of the next decade the majority of expected job openings Massachusetts will require no more than a vocational education or a degree from a community college, according to a detailed study […]

Report Warns Of Future Mass. Labor Shortage

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By Bob Oakes A new report out Monday predicts a severe labor shortage coming in Massachusetts — not because of a lack of highly educated workers, but because of a lack of workers with a vocational education. The report estimates the state’s community colleges and vocational schools will not be able to meet the job market’s […]

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