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Home Ownership

Friday, June 22, 2012

How Many JP Residents Own their Homes?

JP has one of the highest home ownership rates in the city.

Here’s an unexpected rule of thumb: the more likely a tourist is to visit a Boston neighborhood, the less likely the residents of that neighborhood are to own their own homes. According to the city’s 2012 assessment data, Jamaica Plain's 02130 zip code has the sixth-highest home ownership rate in the city. In fact, the five neighborhoods ahead of JP on the list—West Roxbury, Roslindale, Hyde Park, Mattapan and the portion of Boston near Boston College—all cluster toward the city’s southwestern border, where convention-goers and out-of-towners infrequently visit. The city’s neighborhoods with the lowest rate of owner-occupancy? They’re a bit scattered, but you’ve probably visited at least one of them within the last year: Kenmore/Fenway, …

Jack Maxwell

12:50 am on Saturday, June 23, 2012

Interesting. Couple things - areas that have high ownership are more likely to be family-friendly with family amenities, like parks, good schools and not so walk able - basically boring for tourists. Area with lots of renter will skew younger with younger amenities - cool restaurants, place to eat and drink, funky shops and importantly, and very walkable. So it's not really about ownership vs. …   more ›

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