Skip to content
  • About Us
  • News & Insights
  • Member Directory
  • Job Board
  • Sign In
  • Join
Boston Chamber
  • Become a Member
        • Become a Member

          • Overview
          • Membership Benefits
          • Membership Levels
          • Member Stories
          • Join Today
        • ...
          About Us
          Get to Know the Chamber

          Discover our mission, values, and leadership.

          arrow-go
          Read More
        • ...
          Member Benefits
          Grow Your Business

          Explore benefits that power your success.

          arrow-go
          Read More
        • ...
          Membership Directory
          Not sure if you’re a member?

          Browse our network of businesses.

          arrow-go
          Read More
  • Events & Networking
        • Events & Networking

          • Overview
          • Upcoming Events
          • Limited Series
          • Chamber Awards
          • Foundation Initiatives
          • FIFA World Cup 2026™
          • Tall Ships – Sail250 
          • MA250  
        • WHAT’S NEXT

          ...
          Upcoming Events
          Engage & Learn

          Explore opportunities to connect and grow.

          arrow-go
          Read More
        • FEATURED EVENT

          ...
          Series
          2026 Government Affairs Forum | Senate President Karen Spilka

          Join us to learn about Senate President Spilka's recent actions and legislative impact.

          06/11/2026

          9:45am - 11:00am

          InterContinental Boston

          arrow-go
          Read More
        • EXPLORE OUR PROGRAMMING:

          • Annual & Premier Events
          • Economic Inclusion
          • Small Business & Entrepreneurship
          • Digital Media & Marketing
          • Public Policy
          • Professional Development
          • Women’s Network
          • Workforce Development
          • Young Bostonians Collective
          • VIEW ALL PROGRAMMING
  • Member Engagement
        • Member Engagement

          • Member Resources
          • Member Deals
          • Sponsorship Opportunities
          • Small Business Benefits
          • Member Spotlights
          • Sign In
        • ...
          Top 5 Tips to Maximize Your Membership at the Greater Boston Chamber of Commerce 

          This blog outlines five essential tips to help you get the most out of your Greater Boston Chamber of Commerce membership.

          arrow-go
          Read More
        • ...
          Membership Directory
          Discover fellow Chamber members.

          Browse our directory to find and connect with member community.

          arrow-go
          Read More
        • ...
          Upcoming Events
          Stay Involved

          Join experiences that build relationships and spark ideas.

          arrow-go
          Read More
  • Talent & Workforce
        • Talent & Workforce

          • Professional Development
          • Workforce Development
          • Open Programs
          • Insights
        • WORKFORCE DEVELOPMENT (FOUNDATION) PROFESSIONAL DEVELOPMENT
          Young Bostonians Collective

          Curated events and experiences for young adults in Greater Boston —built around community, culture, and connection. Join the Young Bostonians Collective.

          Read More
          Strategic Communication for Better Collaboration

          Level up your leadership and communication in this Boston Chamber workshop for professionals—gain essential skills in team alignment.

          Read More
          Massachusetts Apprentice Network

          The Massachusetts Apprentice Network convenes employers, training providers, and talent sources interested in developing and implementing apprenticeship programs in occupations across industries and statewide in fields such as tech, advanced manufacturing, healthcare, financial services, and more.

          Read More
          Women’s Leadership Program

          Our Women’s Leadership Program enables you to take your leadership to the next level by arming you with the most in-demand leadership toolkit.

          Read More
          Partnership with Boston Public Schools 

          The Chamber Foundation invites the business community to engage with Boston Public Schools leaders and their students to help build the future workforce.

          Read More
          Boston’s Future Leaders

          Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.

          Read More
  • Policy & Impact
        • Policy & Impact

          • Overview
          • Leadership Councils
          • Amicus Advisory Board
          • Government Affairs Forum
          • Housing Report
          • Eds & Meds Report
        • GET INVOLVED IN OUR POLICY FOCUS AREAS

          Business Climate
          Read More
          Climate & Energy
          Read More
          Health Care
          Read More
          Housing & Development
          Read More
          Talent
          Read More
          Transportation
          Read More
  • Foundation
        • Foundation

          • About
          • Board of Directors
          • Our Funders
          • Upcoming Events
          • 2025 Impact Report
          • Donate
        • ...
          Our Mission
          Expanding Opportunity

          Learn how we advance talent and small business growth.

          arrow-go
          Read More
        • ...
          Upcoming Events
          Get Involved

          Join us at our next Foundation event.

          arrow-go
          Read More
        • EXPLORE OUR INITIATIVES:

          • Economic Inclusion
          • Partnership with Boston Public Schools
          • Small Business & Entreprenuership
          • Workforce Development
          • Young Bostonians Collective
          • VIEW ALL INITIATIVES
  • Join
Bostonchamber
Boston Chamber
  • Become a Member
        • Become a Member

          • Overview
          • Membership Benefits
          • Membership Levels
          • Member Stories
          • Join Today
        • ...
          About Us
          Get to Know the Chamber

          Discover our mission, values, and leadership.

          arrow-go
          Read More
        • ...
          Member Benefits
          Grow Your Business

          Explore benefits that power your success.

          arrow-go
          Read More
        • ...
          Membership Directory
          Not sure if you’re a member?

          Browse our network of businesses.

          arrow-go
          Read More
  • Events & Networking
        • Events & Networking

          • Overview
          • Upcoming Events
          • Limited Series
          • Chamber Awards
          • Foundation Initiatives
          • FIFA World Cup 2026™
          • Tall Ships – Sail250 
          • MA250  
        • WHAT’S NEXT

          ...
          Upcoming Events
          Engage & Learn

          Explore opportunities to connect and grow.

          arrow-go
          Read More
        • FEATURED EVENT

          ...
          Series
          2026 Government Affairs Forum | Senate President Karen Spilka

          Join us to learn about Senate President Spilka's recent actions and legislative impact.

          06/11/2026

          9:45am - 11:00am

          InterContinental Boston

          arrow-go
          Read More
        • EXPLORE OUR PROGRAMMING:

          • Annual & Premier Events
          • Economic Inclusion
          • Small Business & Entrepreneurship
          • Digital Media & Marketing
          • Public Policy
          • Professional Development
          • Women’s Network
          • Workforce Development
          • Young Bostonians Collective
          • VIEW ALL PROGRAMMING
  • Member Engagement
        • Member Engagement

          • Member Resources
          • Member Deals
          • Sponsorship Opportunities
          • Small Business Benefits
          • Member Spotlights
          • Sign In
        • ...
          Top 5 Tips to Maximize Your Membership at the Greater Boston Chamber of Commerce 

          This blog outlines five essential tips to help you get the most out of your Greater Boston Chamber of Commerce membership.

          arrow-go
          Read More
        • ...
          Membership Directory
          Discover fellow Chamber members.

          Browse our directory to find and connect with member community.

          arrow-go
          Read More
        • ...
          Upcoming Events
          Stay Involved

          Join experiences that build relationships and spark ideas.

          arrow-go
          Read More
  • Talent & Workforce
        • Talent & Workforce

          • Professional Development
          • Workforce Development
          • Open Programs
          • Insights
        • WORKFORCE DEVELOPMENT (FOUNDATION) PROFESSIONAL DEVELOPMENT
          Young Bostonians Collective

          Curated events and experiences for young adults in Greater Boston —built around community, culture, and connection. Join the Young Bostonians Collective.

          Read More
          Strategic Communication for Better Collaboration

          Level up your leadership and communication in this Boston Chamber workshop for professionals—gain essential skills in team alignment.

          Read More
          Massachusetts Apprentice Network

          The Massachusetts Apprentice Network convenes employers, training providers, and talent sources interested in developing and implementing apprenticeship programs in occupations across industries and statewide in fields such as tech, advanced manufacturing, healthcare, financial services, and more.

          Read More
          Women’s Leadership Program

          Our Women’s Leadership Program enables you to take your leadership to the next level by arming you with the most in-demand leadership toolkit.

          Read More
          Partnership with Boston Public Schools 

          The Chamber Foundation invites the business community to engage with Boston Public Schools leaders and their students to help build the future workforce.

          Read More
          Boston’s Future Leaders

          Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.

          Read More
  • Policy & Impact
        • Policy & Impact

          • Overview
          • Leadership Councils
          • Amicus Advisory Board
          • Government Affairs Forum
          • Housing Report
          • Eds & Meds Report
        • GET INVOLVED IN OUR POLICY FOCUS AREAS

          Business Climate
          Read More
          Climate & Energy
          Read More
          Health Care
          Read More
          Housing & Development
          Read More
          Talent
          Read More
          Transportation
          Read More
  • Foundation
        • Foundation

          • About
          • Board of Directors
          • Our Funders
          • Upcoming Events
          • 2025 Impact Report
          • Donate
        • ...
          Our Mission
          Expanding Opportunity

          Learn how we advance talent and small business growth.

          arrow-go
          Read More
        • ...
          Upcoming Events
          Get Involved

          Join us at our next Foundation event.

          arrow-go
          Read More
        • EXPLORE OUR INITIATIVES:

          • Economic Inclusion
          • Partnership with Boston Public Schools
          • Small Business & Entreprenuership
          • Workforce Development
          • Young Bostonians Collective
          • VIEW ALL INITIATIVES
  • Join
  • About Us
  • News & Insights
  • Member Directory
  • Job Board
  • Sign In
  • Join

Chamber Releases New Report “Supercharging Housing Production”

May 20, 2026

Media Contacts:

Casey Baines [email protected]

Mattie Holloway [email protected]

The Greater Boston Chamber of Commerce Releases New Housing Policy Report

“Supercharging Housing Production: Policies & Practices that Promote Housing Development, Attract Businesses, and Retain Talent”

Analysis shows Massachusetts is Losing People and Businesses to Competitor States, Underscoring Urgent Need to Boost Housing Production

BOSTON, MA – The Greater Boston Chamber of Commerce’s new report, Supercharging Housing Production: Policies & Practices that Promote Housing Development, Attract Businesses, and Retain Talent, finds that Massachusetts faces significant housing disadvantages compared to its top economic competitor states, with fewer housing options, higher costs, and lower availability contributing to ongoing population loss and workforce challenges. Compared to every major competitor state, Massachusetts residents face higher housing costs and fewer options, making it difficult to attract and retain workers and employers.

The report examines housing supply, affordability, homeownership, rental vacancies, migration patterns, and construction trends in Massachusetts and seven competitor states: Florida, North Carolina, Texas, New York, New Hampshire, Connecticut, and California. The seven competitor states were selected because they comprise the top seven destination states for residents who leave the state, as well as job losses from employers and businesses.

“This report makes it clear that housing is the dominant issue as it relates to our competitiveness, and we need to match the degree of crisis with the boldness of our interventions,” said James E. Rooney, President & CEO of the Greater Boston Chamber of Commerce. “We are being outbuilt, outpaced, and outperformed in housing production by every major competitor state. If we want to keep talent, grow jobs, and remain a global leader, we must increase housing production and remove any barriers that are holding it back.”

In Massachusetts, limited housing supply and high costs make it harder for employers to recruit workers, particularly younger and mid-career professionals, and reduce the state’s ability to retain graduates educated in Massachusetts. When access to talent, the state’s competitive edge, becomes more difficult, it affects business decisions about where to invest, grow jobs, and deploy capital.

Key Findings

The Chamber’s analysis shows that Massachusetts ranks last or near last on many critical housing indicators:

  • Highest median home list price among competitor states at $799,450, nearly double prices in Texas and significantly higher than Florida and North Carolina
  • Lowest housing production per capita, with just 170 new housing units permitted per 100,000 residents, less than half the rate of all competitor states
  • Lowest rental vacancy rate at 3.4%, well below the national average of 6.8%, limiting mobility for renters and workers
  • From 1960-1979, Massachusetts approved permits to construct an average of 30,000 housing units annually. By 2000-2019, that average fell to less than 16,000 units per year.
  • Lower homeownership rate than the national average and five competitor states, with only 62% of residents owning their homes
  • Net loss of more than 30,000 residents to other states in the most recent year, driven largely by workforce-aged adults

Competitor States are Building Faster than Massachusetts

While Massachusetts struggles to add housing, competitor states have taken aggressive steps to expand supply and improve affordability. Florida, North Carolina, and Texas have higher homeownership rates, higher rental vacancies, higher overall and multi-family housing production, and more affordable rental and homebuying options.

While New York, California, Connecticut, and New Hampshire often have similarly higher costs as Massachusetts, all four states offer some competitive advantages for residents seeking better housing options. Nationwide trends also show higher rental vacancies, homeownership rates, and lower rents and home prices, as well as higher overall building and housing stock growth.

Bold Interventions: Public Policy Options to Consider & Avoid

Policy Options to Consider

  • Expand Boston’s tax abatement program for office to residential conversions to 100% over 20 years
  • Create a 10 year statewide cap of 10% for inclusionary development policies and improve flexibility
  • Institute a 5 year statewide moratorium on the stretch energy code and specialized energy code, or otherwise develop a variance or appeal pathway for important housing developments
  • Reduce lot sizes for starter homes
  • Increase financial support for the HDIP Program and use the HDIP model to expand support for other market-rate housing production
  • Double down on the Momentum Fund and Customize Fund to promote housing in all regions
  • Allow multi-family construction by right
  • Continue to reaffirm already approved and issued local and state permits
  • Mandate state developed training standards for individuals serving on local planning boards
  • Adopt 10 year sales tax exemption for housing construction materials for multi-family construction

Policy Options to Avoid

  • Oppose statewide rent control
  • Oppose transfer fees
  • Oppose energy bans

Download the Report here.

Explore interactive Housing Dashboards here.

 

About the Greater Boston Chamber of Commerce

The Chamber is the convener, voice, and advocate of the region’s business community, committed to making Greater Boston the best place for all businesses and all people to thrive. We help our members and Greater Boston succeed by convening and connecting the business community; researching, developing and advocating for public policies that contribute to our region’s economic success; and providing comprehensive learning and development programs designed to grow strong business and civic leaders. Learn more at BostonChamber.com.

Footer Logo Foundation Logo

Together, we create a powerful ecosystem that drives
business success, strengthens communities, and enhances
Massachusetts’ long-term competitiveness.

265 Franklin Street
Suite 1701
Boston, MA 02110
Get Directions
Contact us
  • Become a Member
  • Events & Networking
  • Member Engagement
  • Talent & Workforce
  • Policy & Impact
  • Foundation
  • Join
  • About Us
  • News & Insights
  • Member Directory
  • Job Board
  • Sign In
  • Privacy Policy
  • Terms & Conditions

© 2026 Greater Boston Chamber of Commerce. All Rights Reserved.

Popular Resources

  • News & Insights  
  • Member Resources  
Close