There is no question a shortage of affordable housing exists in Massachusetts and while I’m generally in favor of any way to expand the supply, this proposed funding mechanism is not the way to go at this time.
The proposal to support affordable housing with a fee of up to 2 percent on real estate sales above the statewide median price for single-family homes — might sound commendable. But is it fair to ask buyers and sellers of houses to foot the bill for a common good, as opposed to the community in general? I believe the answer is ‘no.’
Click here to view the full article on the Boston Globe’s website.
