Massachusetts Needs 222,000 Housing Units by 2035 to Ease Crisis
- The state risks losing workers to cheaper states amid shortage
- Housing will be a key focus for Boston mayor race this year
Massachusetts needs to build at least 222,000 more housing units over the next decade to address a housing affordability crisis and help stem a loss of workers to other states, according to Governor Maura Healey’s administration.
Like much of the country, production of homes in Massachusetts has failed to keep up with demand, a situation that’s exacerbated by high interest rates that deter homeowners from selling and an already-high cost of living in the state.