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Too much income, too many people, equals too MUCH DEMAND...I can tell you the NOrth Shore isn't any cheaper it seems.

Mass has gotten rediculous...we have a home in NH..and will likely dump our house here and just go north, we'll save around $30,000 between Income and Property taxes alone annually.

Now the 5th most expensive city in the world 🌎 😅

I agree with reservations. Im just not that bullish and my reasoning is recession, layoffs, salary stagnation and the slow increase in supply via aging boomers. People are stretched so much that if defaults begin we will see jingle mail and people having to self foreclose as in 2009. People have overpaid! Im not waiting for lower rates because i think we're on our way to 10%. Im thinking of parking my down payment cash in stocks and renting for a year or 18 mos and ride the wave to lower prices, higher rates.

Tax slaves gonna slave.

The price of prosperity. For some reason, everyone on the planet wants to live here now. In the 70s, you couldn’t pay someone to move here. Things change.

The solution in my opinion is to build new cities with taxes incentives and jobs opportunities

I wish they would be so emboldened to pay for affordable childcare here in the states rather than send to Ukraine and Israel and the military

I’ve lived & worked in Boston for 40yrs. Just retired, looking to move to a more cost of living friendly (tax) area. What’s your take on Portland Oregon?

Great video! I think you are totally right about this. I also think people see so much BS on social media about big houses, expensive cars, etc that they don't stop to think that those kinds of things aren't necessary to lead a fulfilling life and more importantly, don't really make you happy even when you have them. College may be an exception to this though. I fully agree that you can be happy and successful without a college degree, but it certainly doesn't hurt, even just to get your foot in the door of somewhere you want to be. Maybe not at a $100k/year private school though. My daughter is in middle school and I can't say that I would be totally ok with it if she told me that she didn't want to go to college at all.

Vote for JOHN DEATON and get trashy ass Elizabeth Whoren out of there!! If not, stop complaining about the misery.

Massachusetts is Rated Number 1 State To Live In 2024 that’s why everything is Expensive and more people are moving here

I’m 35 I make 44k a year can’t have a car and a apartment in cities 30 mins outside of Boston without a roommate

Along with the insane traffic here

I live south of Boston and rent prices are through the roof. They started raising my rent by 10% each year, starting 3 years ago. Theres apartments going up all over the place, so how the heck did the "demand" go up so much in just a few years? It makes no sense. Who are all these people that suddenly made the demand so high??? 🤔

Governor in Boston this lady Chinese communist. She will tears down that state will become Chinese communist country laws

My house is paid for, the property taxes is what's killing me, over $10,000.00 a year and keeps going up. 😮

Immigrants, including those without legal status, play a crucial role in filling job vacancies and contributing significantly to Massachusetts' economy. For example, they have contributed an estimated $650 million in state and local taxes in 2022 alone. This amount includes payments through sales, excise, property, and income taxes, helping fund essential public services like schools and emergency services. If work authorization were granted to all immigrants without status, the state's tax revenue from these contributions would increase to nearly $850 million, further benefiting Massachusetts’ economic infrastructure and public programs. In terms of the workforce, immigrants are essential in filling both high-skill and labor-intensive positions that often go unfilled by U.S.-born workers. They accounted for nearly three-quarters of labor force growth in Massachusetts from 2010 to 2022, especially in healthcare and technical fields, where their specialized skills are indispensable. This workforce support is vital for addressing labor shortages and supporting economic expansion in industries that struggle to attract enough domestic workers. Nationally, immigrants contribute billions in federal, state, and local taxes and are a major driving force behind labor force growth. Their contributions often outweigh the cost of public services they use, and they help sustain local economies as both workers and consumers.

Boston’s unaffordable cost of living isn’t a bug of capitalism; it’s the system working exactly as intended. Capitalism has zero stake in livable conditions-it values profit, not people. Housing and childcare aren’t treated as essential needs but as commodities, driving prices sky-high and leaving families with few options but to leave. We can’t expect a system built on profit to deliver affordable, sustainable living.

Cost of living everywhere is out of control.

You guys need to look into the possible fraud taking place with the tax assessors office. They are probably not following the laws that they are supposed to follow when valuing homes. It’s corruption that funds the public school system and other tax funded agencies! Watch Real Estate Mindset they are investigating every state!

th-cam.com/video/6xX36YlLzEw/w-d-xo.htmlsi=Nvaftd5S3fpQJyFm Wake up stop paying these people.

Left Massachusetts for New Hampshire recently.

All of Massachusetts is getting out of control

It's pure greed by landlords. The current sale prices cannot be supported by rents. The collapse is coming.

Why hardly ever mentioned or include Dorchester/ Roxbury /West Roxbury Roslindale etc which are all part of Boston in your analysis and videos?

Too Left, too liberal and they are Tax crazy. They've always been. The winter sux The turnpike sux 128 sux 495 sux 93 sux Real estate is stupid high. And my hometown is a dump now. Left in 1991, to NC, never looked back.

I remember when rhode island and new Hampshire used to be dirt cheap. 10 years ago I thought everyone was crazy moving to either states to then work in massachusetts but now that everything is so expensive I completely get it.

While the general details of the video are accurate, I laugh at the notion that people making over a million dollars a year are the "normal people" who are suffering so much financially that they have to move out.

Many reasons why people are leaving, the policies are tanking this state. -

The housing market is a complex topic, and I understand everyone’s frustration. When you live in the US, you live in a “Ponzi” scheme. The generation that took us off the gold standard eliminated pensions and pressured their children early on to buy a house and have a family. Well, they hurt the future. I know there’s a lot to unpack here, in the past families would live to together for generations. They would help each other and run family businesses. I am all about “having the American dream” and welcome anyone who wants to start their own family to go for it, that is what I did. When society’s culture changes to, “you are an adult please move out get a job and start a family”. It becomes a supply and demand issue, which strains the housing market and escalates home prices. The change I mentioned in US society already adds stress to the housing market. When you add the fact that the government is now off the gold standard, they can spend away. We have seen that for almost 60 years. When the US government prints money, it debases the US dollar. What does that mean? You have less purchasing power. This can inflate assets, the rise in house prices since the covid pandemic is an example. Big companies that stand the test of time should have mandatory pensions brought back for people that exceed some time frame, let’s say 10 years, which is not normal employee retention now. These CEOs make more than ever, and the wage gap between them and employees is extremely larger than ever from a historical perspective. Companies like Amazon, Meta, and other big ones can afford this. In general, we are still the land of opportunity. The people who were rich or well off to start keep getting richer, but it is getting more and more difficult to start a new life in the US.

Some people are moving to RI to try to offset the high costs of living in MA. Go away!

Hey man I say this with respect and maybe the feedback will be helpful for you, but this video just felt like you had some good info but bounced back and forth without having a cohesive story to tell. Like "this happened, therefore this happened, therefore this happened" instead it felt like you went from point a to point b, back to point a, then to c etc. I can tell you did good research and you have a suitable voice for this, so maybe consider if you can be more cohesive in future videos and that may help you grow. Best of luck

Just wait until mbta communities really starts to kick in. Your property taxes are going to skyrocket and all of those towns will become crime ridden slums full of illegal immigrants. The name of this bill should have been the "make NH real estate more valuable act."

Wish we could ban migrants and close some colleges

Even the suburbs are getting expense to rent or own. However, if you bought a house decades ago, the increase in value is great. My friends Mom just sold her house for over a million dollars. The purchase price back in the late 70s was around 35 or 40 k

Mass has always been expensive. Worked and lived there in the 1980s. It keeps going up. And, Boston is so crowded because it borders the sea, there's no elbow room. Just moved back to New England from Houston, another city that borders the sea. Same problem. And a 1br 1b apartment there was Costing me $4,050 Per month. Where competition for space and jobs is fierce, you pay through the nose. Moreover, car insurance us very high. So, shop carefully, you may find prices comparable where opportunity exists.

Blame liberals , they are the cause with all the goverment jobs , thats all they know , they can't do nothin for themselfs ever .

I think if you have a job you don't even have to physically show up to A.I will be taking that job very soon very soon

Don’t move to New Hampshire. Leave us alone!

What poor urban planning and lack of dedicated housing first initiatives does to a MF city.

I know a lot of Americans want to dismissed the WORD of God, and Jesus Christ, but if there is no truth to it, than why is everything happening That Jesus Christ and the Apostles said would happen in the End Times, 2,000 years ago?

There is no demand for over priced houses, the Politicians, Federal, State, and City have caused this. Appraising houses higher and higher so people have to pay more property tax is fraud, and its backfiring,, and add the Fed interest rate high like it is is crashing the economy, along with the Politicians giving away hundreds of billions of dollars to Ukraine, and the rest of the world to cause out of control inflation. When you pause and think about it, it makes you think the U S Government hates America, and the American people, or could it be their allegiance is to the Kingdom of darkness, and they are causing a world wide economic crash to bring in the Mark of the BEAST, this implies these politicians are devil worshipers in secret

I would have loved to stay and live in the Boston area but the cost of living and real estate is ridiculous. That's why I left for Vegas back in 07. The Midwest is more reasonable. Places like Iowa, Ohio, West Virginia and South Dakota are more affordable. Being a libtard democratic state holds back Massachusetts potential.

It's comprised of trust fund weinies, nepo babies, thanks dads, and corrupt foreigners. Salaries cannot support this. And the region is overrated regardless. You can live better in so many places beyond Boston and NY, NJ.

MA is dying ! Simple & straight....

They ruin everything

Supply and demand are controlled and so is buying properties by big investment companies that are in bed with the politicians. So now all houses cost a minimum of 1 million dollars add the 16 percent or more in taxes depending on location and the state is making a killing. Problem is the people that grew up here and there kids will never afford to live here. There are no families anymore in my area just students and as the prices keep skyrocketing the population says goodby Taxachusetts. Stupid is what Stupid does

Here's a question. How do you get out of the hamster wheel where you can't save up money fast enough to buy because apartment rents are gouging you? As it stands now it seems like the "cost of waiting" is like a laughable tangent when it's more like you are being held hostage by the cost of rent. I actually am saving buuut it's just not fast enough. I moved far outside the city to get positive savings going then my car just died 3 months ago which instantly takes a huge chunk out of the savings. I keep seeing programs offering downpayment assistance for first time home buyers but in order to use these, you need to go through these slimy mortgage companies whose primary goal is to get you into a loan with THEIR company. They just want to hoover up all your financial data then try to get you to buy the most expensive house possible. It's so peak capitalism that the state gives out grants for a housing down payment but you can't actually obtain it without going through some middleman mortgage company which by definition does not have your interests in mind.

Other channels have often talked about "mixed use zoning" and that might be more important than just increasing the quantity of housing if we factor in removal of traffic as a goal. My job moved to Cambridge just before Covid and unfortunately, at the time i was not at a place where i could look to buy anything and now the money i have is not great enough to overcome the housing inflation. I would rather not live in the city but for work i wouldn't mind living in an apartment. It's just that a 1BR or studio is outrageous. There is an insane premium on trying to get that space for 1 person to live. I ended up moving to Fitchburg because it was extremely cheap for a 2BR apartment where i could set up a home office & do partial work from home. My big problem is that my apartment complex keeps jacking up the rent, especially after they sold off to another landlord. I thought "perhaps i can drop the 2BR here and go get a studio closer to Cambridge." nope. It's like they know the people working in the Boston area are escaping this far out to get decent rates and just pushing up rents even more. If i had my current financial situation during Covid i could have had a house outside the 495 ring but now i am looking at cheaper and smaller houses with higher monthly payments in the end. I really don't understand how people with kids do this in the city. I am slowly saving up money but the quick calculations i see for monthly payments i would need to cover keeps just moving further and further away faster than i can save a down payment. You talk about people moving out of state at my age and yes i would easily make that choice if i could find a way to transfer my industry skills outside of Boston or SanFrancisco which i think is even worse.