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What Housing Crisis?

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Here's Boston housing crisis in a nutshell: The city is planning to sell some 250 empty lots for housing development. Yet only 350 units total are planned; and one-third of those will be market-rate. (The city is mandating the rest range from $250,000 to $400,000.) Meanwhile, Boston needs thousands upon thousands of more homes before prices come down significantly. [Boston.com; Curbed Boston]