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Rethinking rent - Maybe we should stop trying to be a nation

 
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news



Joined: 14 Jul 2007
Posts: 0
Location: Greater Boston
PostPosted: Sat Mar 21, 2009 8:04 pm GMT    Post subject: Rethinking rent - Maybe we should stop trying to be a nation Reply with quote
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Description: Rethinking rent - Maybe we should stop trying to be a nation of homeowners
URL: http://www.boston.com/bostonglobe/ideas/articles/2009/03/22/rethinking_rent/
Info/Broken?: http://www.bostonbubble.com/link_info.php?id=2251

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balor123



Joined: 08 Mar 2008
Posts: 1204
PostPosted: Sun Mar 22, 2009 2:36 am GMT    Post subject: Reply with quote
Quote:
But to the extent that they are, their influence in some cases has undesirable societal repercussions. Since houses are the major asset for so many families, homeowners naturally want to protect their property values. This often leads to zoning laws that make it difficult to construct commercial or additional residential buildings. Such laws erect barriers to entrepreneurs and reduce overall housing affordability.


IMO this is one of Boston's biggest problems.

Quote:
In the housing stimulus bill passed last July, it successfully lobbied for increased funding for the Low-Income Housing Tax Credit program, which supports the production of affordable rental housing.


I don't know what to call affordable housing since apparently in the context of MA it means providing housing for low income people. I would think affordable applies to everyone.
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