While looking for info on car ownership in Boston from the United States Census last night I found that they keep track of housing unit construction.
According to the data, over half of Boston’s housing supply was built before 1939. Between 2010 and 2013, only 748 units were built, plus or minus 179.
More importantly, between 2000 and 2009, 18,518 units were built while in the same decade, the population increased by 28,453. Between 1990 and 2000, Boston’s population grew by 14,858 people while 10,863 housing units were built. Since 2010, Boston’s population has grown by a further 38,290.
Is it any wonder that rents and prices have risen so much? The population has grown by over 80,000 people while the housing stock has only grown by about 30,000 units. And Mayor Martin Walsh’s housing plan only calls for an additional 53,000 units or so by 2030, by which point we could be near the peak 1950 population. It’s not going to be enough.