Jonathan Cohn: A combination of the growing cost of materials and investors demanding higher returns is making it harder to build housing, thus exacerbating the inflationary impact of high housing costs for renters and homebuyers. www.bostonglobe.com/2024/07/05/b...

A combination of the growing cost of materials and investors demanding higher returns is making it harder to build housing, thus exacerbating the inflationary impact of high housing costs for renters and homebuyers. www.bostonglobe.com/2024/07/05/b...

A 10,000-unit housing development at Suffolk Downs is on hold indefinitely. Here’s why. - The Boston Globewww.bostonglobe.com The construction pause is a testament to how high interest rates and materials costs are preventing developers from building much-needed projects.

what if they promise the new housing development 'will have AI' somehow, will tons of investment cash come pouring in?

LMAO

"enjoy Boston's premier luxury living at THE BLOCKCHAIN 🧐"

'Full keyless entry with your cartoon ape image!'

"Our building is constructed as LEED Platinum, and every unit comes with an off-site GPU farm running 24/7!"

'Every appliance & fixture responds to voice commands, including hallucinated commands!'

...You might be onto something.

We need a resurgence of small owner occupied two-decker and three-deckers. The problem with the big apartment buildings is that they are always going to be driven by a CBA and ROI. It’s how we get $3,000 a month for two bedrooms and one bath.

And people may say “but the fire code” and my response is that we can build them with modern understanding of fire prevention. I’m not talking 1905 structures, but modern fire safety designed new construction.

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