Prof. Jonathan Gruber speaks with GBH’s Morning Edition host Mark Herz about the potential impact of rent control in Massachusetts. “Capping the price doesn’t solve the problem,” says Gruber. “It simply allows the existing set of people to have their prices not increase at the expense of other people who might benefit from living in Massachusetts.”
Researchers at MIT have used “recycled plastic to 3D-print construction-grade beams, trusses, and other structural elements,” reports Soo Kim for Newsweek. The new design method “could offer a lighter, modular, and more-sustainable alternatives to wood-based framing,” explains Kim.
Researchers at MIT have made “recycled plastic into floor trusses for housing,” reports Rima Sabina Aouf for Deezen. The researchers “3D printed a functional, construction-grade element using a composite material they developed from recycled polyethylene terephthalate (rPET) plastic – mostly derived from discarded drinks bottles – mixed with glass fibers,” explains Aouf.
MIT researchers have developed a system that uses recycled plastic to 3-D print plastic trusses, reports Alex Knapp for Forbes. The trusses could "support more than 4,000 pounds—exceeding typical building standards," Knapp explains. "The bonus? This took less than an hour to manufacture."
Prof. Simon Johnson speaks with NPR reporters Chris Arnold and Scott Neuman about the risks associated with privatizing government-controlled housing and mortgage enterprises. “If it’s done wrong, then you could create risks for the government in the future,” says Johnson.
Prof. Albert Saiz speaks with Boston Globe reporter Andrew Brinker about the barriers to homeownership in the United States, specifically in the Greater Boston area. “Unless we do something about housing stock — building, building, building — this is a dangerous situation for working class folks who used to depend on housing as their main way to accumulate wealth,” says Saiz.
Prof. Albert Saiz speaks with Boston Globe reporter Andrew Brinker about the economics of homebuying and why the Massachusetts homebuying market is so challenging. “The gap between what people make and what homes cost is completely outrageous,” says Saiz. “And this data does not even represent the situation for working-class families who are making minimum wage. A large portion of the state’s population cannot afford to buy a home here, which is not how a housing market is supposed to function.”
Prof. Albert Saiz speaks with Salon reporter Cara Michelle Smith about the barriers to homeownership. “If you sort Americans by wealth, and forget about the top 10% or 20%, most of our wealth is indeed in housing,” says Saiz. He adds: “Obviously, getting that first home is the hardest of the steps. Because once you have a house, you can build collateral, and that equity is going to be helpful for you to buy a second home.”
Prof. Jonathan Gruber speaks with Boston Globe reporter Camilo Fonseca about the housing and rental market in Massachusetts. “The big picture here is not whether rents go up a bit less than expected,” says Gruber. “It is that rents are generally unaffordable for so many families. The solution is simple: we need to build more affordable housing.”
Prof. Albert Saiz speaks with USA Today reporter Bailey Schulz about the growing popularity of build-to-rent communities. With the U.S. estimated to be short anywhere between 1 million and 7 million single-family homes, depending on the source, “more housing is always better,” Saiz notes. He adds: “If you did not have this built-to-rent outlet for development, you wouldn't have these developments happen.”
Prof. Nathaniel Hendren and Prof. Justin Steil speak with New York Times reporter Jason DeParle about the difficulty in building affordable housing in opportunity-rich neighborhoods. “A lot has changed in American life over the past 50 years, but the hostility to affordable housing has remained surprisingly durable,” Steil explains. “Where you grow up matters a great deal for shaping your life outcomes,” Hendren adds.
Prof. Jonathan Gruber speaks with GBH reporter Hannah Loss about whether buying or renting a home is a better financial move. “I’m not saying people shouldn’t buy homes,” says Gruber. “I’m just saying that they should do it as a rational economic calculation. They should account for their propensity to save and whether they can handle the uncertainty of homeownership. They shouldn’t do it because their parents said it was a good idea.”
Prof. Albert Saiz speaks with Washington Post reporter Andrew Van Dam about the influence of geographical regions in politics. “High-amenity areas are more desirable and tend to attract the highly skilled,” says Saiz. “These metros tend to have harder land constraints to start with, which begets more expensive housing prices which, in turn, activate more NIMBY activism to protect that wealth.”
Researchers from MIT and elsewhere have found that new building codes put in place to combat climate change could impact home affordability in the greater Boston area, reports Paula Ebben for CBS Boston, “If widely adopted, [the codes] could add up to $23,000 to the cost of an average home, leaving an additional 33,000 Massachusetts residents priced out of the market,” writes Ebben.
A study from MIT and elsewhere has found that a new building code in Massachusetts designed to promote “net zero” development, “would increase construction costs and potentially worsen the state’s housing crisis,” reports Greg Ryan for NBC Boston.