Yup. The median price of a house/condo in JP has more than doubled in the past 10 years.
The city government may try to do something about that, but Bostonians (like our counterparts in SF/NYC/Seattle) tend to bring out the NIMBY knives to any serious attempt at housing reform. As that $900k condominium shows, developers are more interested in “pricey shiny” than in affordable and practical when it comes time to build or renovate. I have relatives in the Denver area, and they’re seeing the same kind of real estate trends there too.
