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(2/3) Beyond facilitating crime and corruption, this flood of dirty money drives up housing prices for my constituents — pricing an entire generation of prospective home owners out of Boston’s housing market.
(3/3) This is why I am a strong advocate for beneficial ownership reporting to crack down on anonymous shell companies.https://inequality.org/great-divide/toweringexcess/ …
Steve: agreed. To boot, sadly, many of these rez developments sit on land formerly featuring industrial buildings - a very important market sector that Boston is becoming scarily light on.
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