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r0k0v t1_j7l700p wrote

Yeah I mean technically our housing market is ruined by out of state , but it isn’t because of people moving from Texas or Tennessee or the rest of the country. Most of the price increases in RI are a downstream effect of the housing costs in Mass and people moving to RI.

This is really more of a supply problem than a demand problem. If Mass wasn’t full of wealthy nimby suburbs located next to major cities/employment centers we wouldn’t have nearly as much of a problem in RI.

So I agree with you, but let’s be specific in pointing out that this is mostly Massachusetts’ fault. The same scale/change in price has been seen in Taunton, Fall River, Worcester, haverhill, and other old industrial cities because there is a massive mismatch between where employment is and where affordable housing is.

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MuckFike69420 t1_j7lap3v wrote

I'd agree with you but while most are from Mass, relatively wealthy people are flocking here in droves from all over and eating up housing where I live. Some are not buying but renting which is just as big of an issue. I met a new family from Texas and one from north Carolina that moved into my apartment building this past week.

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