Sample Essay on:
Boston’s Housing Market

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Essay / Research Paper Abstract

A 5 page paper exploring the notion of the existence of “fiscal zoning” in Boston. Those totally opposed to the idea of expanding housing at all fall back on the old congestion-and-traffic argument, adding increased pressures on local school systems for good measure. What they fail to realize is that the scarcity of affordable housing for these families and individuals stifles overall economic growth of the entire area, which eventually will serve to decrease the value of the property they currently own. Bibliography lists 3 sources.

Page Count:

5 pages (~225 words per page)

File: CC6_KSeconSocHousBost.rtf

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Unformatted sample text from the term paper:

is a too-common reaction to any property owners discovery of plans to construct low-income housing. The complaint is understandable from the property-owners perspective: he has worked hard and had a measure of good fortune at just the right time to be able to afford a nice house, and the realities of concentrated low-income are clear, if only in stereotype. The property owner does not want to be losing property value by being in proximity of such a development, so s/he works hard either to block development completely or push it to another area of town. This is "fiscal zoning," in which the "haves" have the ability to block the "have nots." The Situation This is also the situation in Boston, where the value of single-family homes on large lots more than doubled in the four years of 1998 - 2002 (Reining in the runaway housing market, 2003). Single-family housing is outrageously expensive, so much so that low- and middle-income families cannot hope to purchase a piece of property that currently exists. Boston has a plan under which it and the state will subsidize multi-family housing in areas of abandoned warehouses and other areas qualifying for this "overlay zoning." In essence, the state is offering to take low-income residents and build homes for them where those with greater financial resources would not want to live. Glaeser (2000) speaks to the decline of the city, a predictable pattern in which those who prosper seek to move out of the inner city to places where they can have lawns and wide streets. Those who cannot leave are left behind, of course, while developers seek out new land previously unused for housing. Observations ...

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