Home lotteries being reconsidered in Boston's affordability squeeze
Boston
CAROLYN Lane, on a salary of less than US$50,000 a year, moved in May into one of Boston's most luxurious new rental complexes. She has access to a rooftop pool, two gyms and an indoor dog-relieving station - and pays a third of what it costs her neighbours for the same one-bedroom layout.
"It's a slice of heaven," said Ms Lane, who has a monthly rent of US$1,190 after winning an affordable-housing lottery at the 315-unit Ink Block apartments. The administrative assistant was one of 544 entrants for just 41 discounted residences.
TRENDING NOW
DBS COO’s most important tip for AI transformation: Lead with ‘why’
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023