In his famous work, The Republic, whose title in Greek is “Politeia”, Socrates ruminates about the four virtues of a “just city”: wisdom, courage, moderation and justice. Today, in Boston we have many of these characteristics, and I feel we’re improving each year.
However, at some point to be a truly “just city” we need to address one of the biggest issues that our residents are facing – which is the housing crisis.
Housing prices are skyrocketing, forcing many to spend more than half of their incomes on rent or mortgages.
The median listing price for Boston-area homes is $500,000. If you want to rent, it’s going to cost $2,200 a month on average.
Those prices continue to increase by two to three percent each year.
Affordable Boston condos for sale
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Affordable Boston condos for sale $400,000 – $500,000