May 23, 2023
ECONOMY

People Fleeing Mass. Amid Housing Squeeze, High Traffic, Report Finds

Michael P. Norton ,

State House News Service / NECN

Massachusetts had the lowest rental vacancy rate in the U.S. in 2022 and the second-highest median rents, Boston features the second-highest traffic delay times in the nation, and the state recently posted its highest outmigration numbers in 30 years, according to the Massachusetts Taxpayers Foundation.

"We're seeing the future of our workforce, people aged 26 to 35, high-wage residents, and those in key sectors, dominate the outflow of residents and talent," MTF President Doug Howgate said. "Massachusetts is facing a critical moment and it is imperative we address these challenges promptly to secure a prosperous future for our commonwealth."