Sure, uber-progressives like Boston Mayor Michelle Wu give lip service to the idea that building more housing is the key to bringing down rents and prices.
But it’s also pretty clear by their actions that Wu, or for that matter, a lot of local pols in Cambridge and Somerville, believe that the emphasis should really be on building subsidized units to be rented out or sold at below-market rates.
The idea of building more housing overall, especially if it involves so-called “luxury” units at the top of the rental or for-sale market, is viewed with suspicion.
Source: New Rent Numbers Prove YIMBYs Right – Banker & Tradesman
