#MassHousingCrisis

Our November edition of The House Call covers the dwindling availability of homes on the market in Massachusetts since 2019, even as many other states have seen full recoveries in the number of market listings after COVID. It discusses the implications of lower home availability for buyers and sellers alike and identifies a couple of major solutions.

This edition of The House Call dives into the 2024 results from the U.S. Census Bureau's Building Permit Survey, including that Massachusetts permitted fewer new homes than it did in each year from 2013-2022. The newsletter also explains why the state's efforts to increase production of small, owner-occupied "starter homes" have thus far resulted in no new starter homes under official programs.

A new Pioneer Institute study finds that while rent control can lower rental housing costs and help vulnerable tenants remain in their homes, it also carries steep long-term consequences—including reduced housing quality, lower property values, fewer new housing units, and higher rents for non-controlled apartments.