8 Responses to “Changing times demand changing direction?” »»

1. Paul
   Comment by Paul | 10/17/07 at 1:14 pm

   Would be useful for those who are on the fence

   deciding if we should sell or rent our current properties, and rent or buy our next

   property.

   Good blog John!

2. Mike
   Comment by Mike | 10/17/07 at 2:41 pm

   I don’t know if college kids can

   afford the rents in those towers downtown. Don’t most of them just rent a 4 bedroom in Allston

   for $2000 then pay $500 apiece?

3. HateAllston
   Comment by HateAllston | 10/18/07 at 9:00 am

   “I don’t know if college kids

   can afford the rents in those towers downtown. Don’t most of them just rent a 4 bedroom in

   Allston for $2000 then pay $500 apiece?”

   try $3300-3500 or you’re living with 8, 2

   to a room…

   Prices in Allston are on the upswing, like everywhere else around the city.

   2 years ago I was paying $700 for a small 2 bedroom (without Heat/Gas & anything resembling

   wall insulation). And that was even a so-so place. There’s a lot of places that are absolute

   dumps out there, not even really sure how they can pass inspection, but still go in the $600-700

   month range.

   Southie’s no better.

   The only thing keeping me from buying is a down

   payent, which is going to need to be rather large for southie.

   Cheap rent isn’t to be found

   in this city, unless you want to move to blue hill avenue.

4. Matt
   Comment by Matt | 10/18/07 at 10:37 am

   As a

   renter I wouldn’t mind seeing a post or two. However the new developments are sort of beyond my

   means. I am happy in the North End in an old building with pretty cheap rent.

   There are

   bargains to be had, though admittedly for crappy places or dense arrangements… I know people in

   Allston/Brighton paying $450-$550.

5. Mike
   Comment by Mike | 10/18/07 at 10:37 am

   I didn’t

   realize average rents were up that high. I’m just quoting the price of a buddy of mine who lives

   on Commonwealth near the Super 88. That’s what he paid last year.

6. john
   Comment by john | 10/18/07 at 12:12 pm

   information on rentals would be really useful. I’m

   still in the process of saving up a down payment and will probably continue renting for the next

   few years.

7. Scott
   Comment by Scott | 10/18/07 at 4:48 pm

   I live in Fenway on Boylston St.

   near Mass Ave. I live in a 2 bed split (2 bedroom apartment with the living room used as a 3rd

   bedroom) with 2 other guys and each of us pays $700/mo each for rent. I have lived there for the

   past 5 years.

   I am getting married in December and my future wife and I will be getting a 1

   bed in Waltham for $900/mo., so my rent will go down to $450/mo for me.

8. Mike
   Comment by Mike | 10/18/07 at 4:55 pm

   Scott:

   You’re splitting the rent w/your wife? That’s a disaster waiting to happen! The divorce rate is

   SIGNIFICANTLY higher for married couples who don’t combine their finances than for those who do

   the “1 pot method”

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