Inaction Costs City of Boston $20 Million+ in Funds for Affordable Housing
New analysis from the Institute for Policy Studies shows how much Boston’s failure to enact a luxury real estate tax has cost the city.
The High Cost of Beacon Hill Inaction
IPS Report Documents Missing Millions as Massachusetts State Legislature Fails to Act on Boston’s Luxury Transfer Tax
The Least Sympathetic People in the Entire World?
They just may be the super rich who’ve bought mega-million condos in midtown Manhattan’s now infamous needle towers.
We Must End the Housing Crisis
Communities need to expand the supply of local homeownership and permanently affordable rental housing, owned by nonprofits and community housing authorities.
Who Is Buying My Neighborhood?
Anonymous corporations own more and more of our cities.
Who Owns the City? Luxury Towers and Supercharged Gentrification
Wealthy workers moving into central, walkable neighborhoods has long caused gentrification, but global capital is exacerbating the situation.
Boston One Step Closer to a Luxury Real Estate Transfer Tax
A proposed 2 percent transfer tax on residential and commercial properties worth over $2 million could raise $169 million for affordable housing annually.
Are the Rich Secretly Hoarding Their Wealth in Seattle’s Luxury Condos?
According to a new study, nearly half of the units in one downtown building were owned by anonymous entities.
Report: Who is Buying Seattle?
Who is Buying Seattle? The Perils of the Luxury Real Estate Boom Chuck Collins Introduction: Seattle is experiencing a luxury real estate boom, with thousands of new luxury residential and rental units in different stages of development. A decade from now, Seattle’s...
Behold the 21st-Century Penthouse: Peak Decadence?
From the summit of our new ‘needle towers,’ the ultra rich can look but never really see.
Can Boston Tax Its Way To More Affordable Housing?
From speculation to vacancies, taxing high-end condos may be the solution to affordable housing Boston has been looking for.
Promoting Luxury Housing with an Ironic Twist
The artist behind a provocative faux sales office highlights the dangers of Boston’s luxury housing boom.
Boston’s Luxury Housing Boom Is Expanding The City’s Racial and Class Divides
Secretly owned — and often uninhabited — luxury condos are driving up rents for all Bostonians. What can the city do?
Luxury Real Estate Boom Adds to Risk of Climate Disruption
Should cities build new fossil fuel pipelines to power skyscrapers for the super-rich?
The Wealth Hiding in Your Neighborhood
From country farmland to big city skyscrapers, absentee billionaires may be hiding wealth in your town — and driving up your cost of living.