Boston condos

Boston condos

Here’s an interesting piece about a housing/economic expert who thinks the suburbs in general, not just in Massachusetts, are going to be facing tough times moving forward.

We’ve heard a number of economists predict this in the past. Does anyone really know if they’re right?

But here’s the foundation of the predictions:

1.) Suburbs are not friendly to senior citizens — and to retiring Baby Boomers in particular. There could be millions of suburban homes soon up for sale as a result, as boomers retire and move into city condos.

2.) Younger people increasingly don’t like the suburbs and prefer living and working in urban areas, preferably without cars. That’s millions more not heading to the ‘burbs.

3.) The migration of more affluent people into urban centers is pushing up home prices for less-affluent people in cities, forcing them to leave.

4.) There’s increasing evidence here and elsewhere that poverty is “spreading out” to non-urban areas, as the less affluent leave cities in search of more affordable housing.

Again, it’s all just a theory, and one based on only preliminary data and anecdotal evidence.

And remember: The same type of policy-wonk bozos who once predicted in the 1950s that cities were “dying” are now saying roughly the same thing about suburbs.

So take it with a grain of salt, though it’s an interesting theory.

Photo via Compfight.

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Updated: January 2018

 

Author Profile

John Ford
John Ford
EXPERIENCE

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs



In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.



HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.




John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114

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