Neighbors working together to preserve our neighborhoods and beyond.

MBTA Communities Act Steve Stearns MBTA Communities Act Steve Stearns

Unpacking Urban Affordability: Reimagining Land Markets For Inclusive Housing

Patrick Condon’s research, spanning North America, particularly highlights Vancouver’s experience. Despite significant density increases, housing affordability in the city has not improved. Instead, rising land values have made housing increasingly unattainable for average earners. Patrick Condon identifies the root of the problem as not housing prices themselves but the escalating value of urban land, a phenomenon observed not just in Vancouver but across the globe.

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Rice Pond Village Project Steve Stearns Rice Pond Village Project Steve Stearns

Chapter 40B Comparison Of Density

Steven Venincasa, along with his limited liability corporations in which he holds a controlling stake, possesses 47% of the market share. Should Rice Pond Village receive approval, Steven Venincasa and his numerous LLCs would command 67% of the rental market in Millbury. Such a substantial market control raises concerns. Who sees this as a prudent move? Consider antitrust regulations, market upheavals, and the specter of monopolies in this scenario.

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