Boston's Housing Lag: Wentworth Professor Weighs In
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Greater Boston's housing market faces unique challenges, ranking 11th in population but a distant 30th in home construction. Payam Bakhshi, a Construction Management professor at Wentworth Institute of Technology, highlights key factors contributing to this lag—including high land and labor costs, complex zoning regulations, and local resistance to development—in an article for the Boston Business Journal.
Despite state efforts to increase housing production, the article asserts that the region struggles to keep pace with demand. To learn more about the complexities of Boston's housing market, read the full article on the BBJ site.