
Can ‘Abundance’ Solve Cambridge’s Housing Crisis?
Ezra Klein and Derek Thompson’s 2025 book “Abundance” examines a pattern of rising costs in blue cities and states across the country. The cities they name — Los Angeles, Boston, Manhattan — are places thousands want to live, but far fewer can afford.
Cambridge, Massachusetts, is already one of the densest cities in the U.S. More than 121,000 residents live within its seven square miles, with thousands more still hoping to join.
Klein and Thompson argue that the housing crisis is not a failure of the market but a failure of governance. Complex zoning rules, lengthy permitting processes, and regulatory hurdles have bottlenecked new development — inflating the cost of housing as supply lags behind demand. They call on policymakers to enact sweeping reforms that stimulate growth. Create an “abundance” of housing, they argue, and prices will fall.
The book’s arguments are well-trodden in Cambridge, where debates over development have defined local politics for decades. As residents, policymakers, and advocates look to the future, questions of affordability, inclusion, and sustainability color different visions for the city. Beneath the pressure for continued growth, longstanding questions persist: Who gets to call Cambridge home? And what should that home look like?