Cambridge is in the midst of a housing crisis. A city renowned for education and innovation is failing to meet one of its most fundamental needs: shelter. With a median cost of more than $3,000 for a one-bedroom apartment, we find ourselves beside Manhattan and San Francisco as one of the most expensive cities in the nation.
This year, we built only five housing units. Yes, just five. In a city of 50,000 homes, that’s not 1 percent or even 0.1 percent; it’s less than 0.01 percent. These numbers are not just statistics. They represent a profound failure to keep up with the needs of our community.
Source: In a city of 50,000 homes, we built five this year – Cambridge Day