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Podcast: The Codcast
Episode: Putting out a welcome mat for housing
Description: Greater Boston’s booming housing market may be lucrative to real estate speculators, but the constricted supply of housing isn’t helping those who make long-term investments in their homes, according to a Boston city councilor and housing advocates.
Councilor Lydia Edwards, who chairs the Housing and Community Development Committee and represents East Boston, Charlestown, and the North End, said that if housing production (including affordable housing production) rises to a rate that better meets demand, speculators might be hurt but ordinary homeowners will gain a more long-term perspective on their investments.
“What we’re seeing is an inflation of that val...