The Massachusetts housing industry has come under some scrutiny over the past ten years. Issues of supply, demand, affordability, housing discrimination, and economic impacts are of increasing interest to government officials, planners, developers, and bankers. Despite an increasing need to provide affordable housing for the various populations within the state, there is a decrease in the supply of multifamily rental housing. There have been few efforts that comprehensively measure the impact of the housing industry on the economy. This article surveys the need for affordable housing and the economic impacts of multifamily rental housing in the state. The premise is that its economic impact is significant, involving a multitude of factors from the monetary effects of the construction process to the impact of personal incomes on the local economy.
"The Economic Impact of Affordable Housing: Multifamily Housing in Massachusetts,"
New England Journal of Public Policy:
2, Article 4.
Available at: http://scholarworks.umb.edu/nejpp/vol16/iss2/4