Planning Council Makes a Housing Prediction

As most of you are aware the Boston area is already a very expensive city to rent an apartment or to purchase condominium or loft. The facts are this situation will not change in the future. But as we all know the expense is worth it to be able reside in such a wonderful city.

councilIn a new report, the Metropolitan Area Planning Council suggests that the Boston area will need 435,000 new apartments, condominiums and homes over the next quarter century. To put this is perspective that is enough to house the entire city of 2014 Boston.

On a positive note we will need a tremendous amount of construction in our beautiful city to fill the need for housing. This means jobs for the construction workers and also their support industries and of course the Real Estate Market. This is a great windfall for our entire city.

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About Maxwell

MAXWELL@BOSTONLUXE.COM • CELL: (617) 543-7754 • OFFICE: (617) 267-4600 Maxwell Burke began his real estate career nearly 20 years ago doing appraisals with his father in Southern California and Northern Texas. He grew up in a family environment so oriented towards investment and real estate that to call his upbringing entrepreneurial would be a disservice. From his grandfather's multiple developments ranging from British Columbia down into Southern Mexico to his uncle's holdings in Portland, Oregon, Maxwell has been given a view not just of Boston real estate, but of American real estate. Maxwell and Drew Abysalh met in 2009 and increasingly consolidated their business models together culminating in their partnership in 2011. With over 300 real estate deals under his belt ranging from a standard rental to a $1.5 million condo conversion, Maxwell is a tremendous resource to help you realize your real estate dreams. Welcome to Boston Luxe - it's a pleasure to meet you. Google