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. 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.”
Prof. Carlo Ratti writes for USA Today about whether San Francisco is caught in a “doom loop,” a term that describes, “the city’s apparently unbreakable spiral of empty offices and unaffordable housing.” Ratti notes that “today’s crisis in the Bay Area could make room for new ideas to take hold faster than in other places. If the city seizes its moment, learning from its venture capital (VC) sector, San Francisco could also seize the future.”
Boston Globe reporter Macie Parker spotlights the new John A. Volpe National Transportation Systems Center in Kendall Square, the first building to open in MIT’s redevelopment of the 14-acre Volpe site that will ultimately include “research labs, retail, affordable housing, and open space, with the goal of not only encouraging innovation, but also enhancing the surrounding community.” Parker highlights the green technology included in the new Volpe Center: solar panels; triple-paned glass; electric vehicle charging stations; a rainwater reclamation and reuse system; and green and cool roof technology to lower energy use.
Prof. Carlo Ratti co-authors an article for The Boston Globe that examines the “power and pitfalls of condensing cities into small, specialized utopias,” like Barbie Land and Los Alamos. “To see diversity at work, we need look no further than Barbenheimer itself,” they write. “This accidental double feature turned our empty movie theaters into pop-up cities, tiny but diverse, with two tentpole films like adjacent storefronts on the street.”
Prof. Carlo Ratti writes for Financial Times about how new AI algorithms can impact the property market. “To train a real estate bot, our lab at MIT used pictures of 20,000 houses around Boston, as well as data that measured how their prices changed over time,” write Ratti. “When other variables were added — such as structural information and neighbourhood amenities — our algorithm was able to make very accurate predictions of how prices would change over time.”
Prof. Albert Saiz discusses how older Americans are impacting the real estate market in the Greater Boston area. “There’s a mismatch now,” saysSaiz. “As people age in place, these households tend to be two people or sometimes one person in maybe a three- or four-bedroom home. Since they’re not downsizing as we expected, we have a huge, huge need for bigger homes to host younger families.”
Graduate student Reilly John Nuckel, a captain in the New Jersey Air National Guard, talks with Reserve and National Guard Magazine about the importance of building community and the meaningful role the Student Veterans of America chapter plays on campus. Nuckel says he often encourages veterans who are nervous about going back to school: “You have the skills, you have the knowledge. You deserve to be in the classroom with everybody else because of the steps you took to be there.”
A new analysis by lecturer Eric Robsky Huntley finds that communities of color were hit harder by new eviction filings than white residents after Massachusetts’s eviction moratorium ended in October 2020, reports Adam Reilly for GBH. “Huntley also found that there were nearly twice as many eviction filings per renter in predominately nonwhite communities as in predominantly white ones – and, in certain municipalities, the disparity was even greater,” writes Reilly.
Politco reporter Catherine Boudreau explores a study by researchers from MIT’s Real Estate Innovation Lab offers suggestions on how people can reduce their carbon footprints when shopping. “My biggest takeaway is to be a more mindful consumer. Try not to get in the car to go shop. If you do, make it a big shopping trip to avoid multiple trips. Walking and biking always wins,” explains research scientist Andrea Chegut.
Forbes contributor Amy Dobson spotlights a new report co-authored by researchers from MIT’s Real Estate Innovation Lab that “tracks the nearly 8,000 ‘proptech’ firms around the world that serve everything from how people buy, sell and market properties to innovations in building materials and methods.”
Boston Business Journal reporter Catherine Carlock spotlights how MIT has submitted plans for the second phase of the Volpe redevelopment in Kendall Square. “The second phase could house a combined 1,400 residential units; 1.7 million square feet of lab, research and office space; a 20,000-square-foot community center; 3.5 acres of open space and other retail, entertainment and cultural facilities,” writes Carlock.
Boston Globe reporter Tim Logan writes about how MIT has submitted design plans for the next phase of its proposal to transform the Volpe Transportation Center into a dynamic mixed-use development, including “eight office and residential towers on the 14-acre site north of Broadway.”
Bloomberg reporter Kriston Capps finds that evictions disproportionately impact Black renters in the City of Boston. Capps writes that the “research shows that communities of color — eviction hubs even under normal times — are already bearing the disproportionate burden of the pandemic housing crisis.”
Prof. Albert Saiz speaks with Greg Rosalsky on NPR’s Planet Money podcast about affordable housing and rent control. “The evidence is very clear that rent control doesn't work the way it's intended to work,” says Saiz. “There are policies that look a bit like rent control but that do not necessarily distort the housing market.”