MadstopSnow
MadstopSnow t1_j4s8ntt wrote
Reply to comment by internetTroll151 in The current housing market in a nutshell by LopsidedWafer3269
Correct. It's not growing because we have somewhat fixed housing.
MadstopSnow t1_j4mfzf8 wrote
Reply to Edaville Railroad wants to nix Thomas Land, focus on Christmas season and housing units | Operators of the railroad-themed amusement park, located in Carver, want to build 336 housing units on unused portions of the property and only open during the Christmas season by rabblebowser
They should develop a community and have a little train that goes around and brings people to the store!
Then, in MBTA style, it can fall off the tracks, break down, and start on fire sometimes to foster community spirit. :)
MadstopSnow t1_j4mfpzj wrote
While inflation plays a small part of this, about 25%, the real driver of this is:
- Everyone wants to live in Massachusetts (because its awesome)
- The people who are here and OWN their land don't want to build new housing, anywhere. There are no towns that I am aware of who want TONS of new buildings and high-rises.
So, the limited housing becomes an auction. Highest bidder wins. The people who are buying have lots of money. This state is attracting rich people, typically highly educated in lucrative professions. And those people who bought something don't really want the prices to drop. They just made a big investment, and rising prices help them. Further, just building a ton of new buildings will just make traffic worse.
There is no solution. Conceivably the legislature could force more construction on local towns, but that won't work for long because homeowners all over the state don't want more construction in their towns. "Small towns are part of the charm of Massachusetts!" People who own, and have fixed mortgages WANT the prices to go up.
It sucks, its not getting worse. And its all mostly because Massachusetts is great: great education, great healthcare, great environment... For those who have a house, they don't care about the people who say "but I cannot afford to live here!" that's someone else's problem.
It only really becomes a home owner's problem when they cannot afford someone to provide cheap services for them.
MadstopSnow t1_j0so0xu wrote
Weston. That's why it's named that.
MadstopSnow t1_j5d3m2c wrote
Reply to comment by Sayoria in H-Mart Plans Fourth Massachusetts Store by L0v3_1s_War
Haven't had a problem, most of the shitty produce we see is at stop and shop on the artery. That place is a dive 🫤