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Archive for the 'Boston affordable housing' category


A new militant phase of foreclosures

Frances Louis’s “moral” claim to move into an empty foreclosed unit in Roxbury is philosophically dubious and flatly illegal — but it’s producing results. The bank is backing down. In the process, maybe the Wisconsin bank has stumbled on a partial short-term solution of transferring foreclosed properties before confrontations develop. Read and discuss.



But it was so easy when I bought this house

BUT IT WAS SO EASY WHEN I BOUGHT THIS HOUSE…
You got married, had 3 kids, and definitely need a new home. The one you bought when you were single, no longer fits the bill, although you tried like heck trying to. 3 people brushing their teeth around one sink used to be cute…but [...]



Affordable housing opportunity in the Fenway

There’s an affordable housing opportunity at 461 Park Drive, in Boston’s Fenway neighborhood.
461 Park Drive is a brand-new condo building of 21 studios, complete with elevator and central A/C.
Three units are available for between $153,800 – $196,300. Households of one can make up to between $48,000 – $60,000 and households of two from $54,000 [...]



Real Estate Quote

“The number one thing that drives housing values is incomes,” said Todd Sinai, an associate professor of real estate at the Wharton School at the University of Pennsylvania. “When incomes fall, demand for housing falls.”
The above quote was in today’s New York Times.
Does anyone have data on Boston’s avg. income? How does it compare to [...]



A thousand here, a thousand there

Thomas M Menino, has done a lot to help the lower- and middle-class in the city during the 15 years he has been mayor (and the four months he was “acting” mayor).
His staff does him no favors, then, when they say things that are blatantly untrue; or, at the very least, misleading.
From yesterday’s Boston Globe:
The [...]



Three about urban renewal, affordable housing

It’s always interesting to read about the “urban housing crisis” or whatever you want to call it.
Basically, the question is, how do you best provide safe, affordable housing to poor people who live in urban areas? Well, how does government provide this, is the real question. If you don’t buy into the idea [...]




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