文档介绍：The Greater Boston Housing Report Card 2002
Center for Urban and Regional Policy (CURP)
Northeastern University
Citizens Housing and Planning Association (CHAPA)
Boston Indicators Project
The Boston Foundation
September 2000 New Paradigm for Housing in Greater Boston
Faced with a limited supply of existing housing,
extremely low vacancy rates, and a decade of inadequate housing production, the New Paradigm report concluded that in the next five years an additional 36,000 housing units would need to be constructed in the Boston Metropolitan Statistical Area (MSA), over and above existing production levels, in order to help moderate future price and rent increases.
New Paradigm for Housing in Greater Boston
a “moral imperative” for all those who need decent housing at affordable prices
an “economic necessity” in order to sustain Boston’s renaissance economy
How Have We Done?
Household Growth vs. New Housing
The 1990s:
# of New Households: 129,265
# of New Housing Units: 91,567
As a result, housing vacancy rates in Greater Boston plummeted
Vacancy Rates
1990
2000
Rental Housing
%
%
Owner-Occupied
%
%
Source: . Census
Most of the decline in vacancy rates occurred after 1995, following the 1991-92 recession
Rent Paid by Existing Tenants
1995
2000
% Change
Median Rent Paid
$744
$1,035
+39%
Source: IREM Data
Median Rent Increase for Existing Tenants vs. Median Renter Household e Increase
+54%
25%
39%
Median Household e
Monthly Rent
Median Advertised Rents – 1998-2001
By 2001, Median Advertised Rent for a Two-Bedroom Apartment in City of Boston was $1,700
Between 1998 and 2001, advertised rents increased by as much as 64% in surrounding cities and towns
In 12 of 19 municipalities surrounding Boston, advertised rents increased by at least 30 percent between 1998 and 2001
Advertised Rents for Two-Bedroom Apartments in
Boston-Area Cities and Towns
City/Town
1998
1999
2000
2001
% Change 1998-2001
Winchester