Chart of the week

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Both Boston and Cambridge have well surpassed the 10% affordable goal. This suggests little to no room for residential developers to obtain the required zoning permits through the 40B expedition process.

The 128/Mass Pike and North submarkets present fertile ground for residential developers given the close proximity and easy access to downtown, and the relatively low subsidized housing inventory at 6.9% and 8.2% respectively.

Housing development likely leads to an increase in the retail and amenity base, which would then bolster the outlook for office space.


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