Why Housing?

As one of the most expensive states in the nation, high housing costs and lack of supply are impacting every corner of the Commonwealth. As the third most expensive state to rent a home and fifth to purchase a home, affordable housing remains out of reach for Massachusetts residents at all income and education levels.

The high cost of housing has people packing up and leaving our great state altogether. Between 2020 and 2022, over 110,000 residents left Massachusetts for more affordable homes and a better quality of life—the highest outmigration in thirty years. If we fail to act, we will continue to lose the glue that holds our communities together and helps our economy thrive—people. It will be impossible for Massachusetts to maintain its competitive edge with our talent fleeing to more affordable states. Those who stay will face higher financial burdens and increased barriers to economic mobility, perpetuating racial and economic divisions.

200,000 Homes by 2030

Massachusetts needs 200,000 more homes by 2030 in order to stabilize home prices and rents. To tackle this challenge, we’ll need a diverse mix of homes in all 351 cities and towns across the state. Specifically, 40,000 for residents with low and moderate incomes and 20,000 with extremely low-incomes. By reaching this goal, we can make great strides in solidifying a more equitable, accessible and affordable Massachusetts.

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