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Boston City Councilors Propose Taxes To Alleviate Housing Crisis12:02

Housing construction in Boston's Seaport (Jesse Costa/WBUR)
Housing construction in Boston's Seaport (Jesse Costa/WBUR)
This article is more than 1 year old.

It's no secret that housing is expensive in Boston — such that some residents are being driven out of their neighborhoods.

That's why Boston City Councilor Lydia Edwards — along with Councilor Kim Janey — has proposed a plan to generate funding for more affordable housing in the city and curb high end developers' appetite for feeding off Boston's building boom.

The proposal would levy a tax of up to 6 percent on commercial and residential real estate deals over $2 million, and a 25 percent "flipping" tax on properties that are bought and resold twice within two years.


Lydia Edwards, Boston city councilor for District 1. She tweets @LydiaMEdwards.

This segment aired on January 15, 2019.


Paris Alston Twitter Producer, Radio Boston
Paris Alston is a producer for Radio Boston and WBUR's host of the Consider This podcast.


Maria Garcia Twitter Senior Editor, The ARTery
Maria Garcia is the senior editor of The ARTery, WBUR's Arts and Culture Team.


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