MReport March 2018

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64 | TH E M R EP O RT FINAL THOUGHTS On the Brink? The results from the recent Menino Survey of Mayors by the Boston University Initiative on Cities, which spoke to 115 mayors from 39 states, found that a top concern among all participants— whether they were the mayor of a large city or small town, whether they were Democrat or Republican—was housing affordability. "Usually we think of the affordable housing crisis as a coastal problem, but it's really a problem around the country," Maxwell Palmer, Assistant Professor of Political Science at Boston University, told Newsweek. Read on as other experts weigh in on this growing national concern. "e only people who are able to weather this economic crisis are the wealthy." San Francisco Assemblyman RICHARD BLOOM noted that repealing Costa-Hawkins Rental Housing Act would take away the financial incentive to build more affordable units. "starving" Zillow Senior Economist AARON TERRAZAS on the need for an influx of new homes to supply the market. "Want to live in a shipping container?" An Idaho Statesman article on the increasing popularity of modular homes for priced-out buyers. "over-stated" First American Chief Economist MARK FLEMING said this in regard to the talk of an affordability crisis. "Rather than bring housing where there are jobs, maybe we should try to foster more jobs where there is abundant housing." MIKE GATTO, Attorney and Legislator in Residence at the University of Southern California's Unruh Institute of Politics.

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