Renters have it so good right now! Not only do they have bragging rights about not jumping on the homebuyer bandwagon
potentially losing a ton of money, but now they have rentals galore to choose from.
Reuters.com reports that in the second quarter, the national vacancy rate for apartments hit a 22-year high of 7.5%. Real-estate research firm Reis Inc. says that even compared with last year, vacancies are up 1.4 percentage points.
According to MLS Beacon Hill has 56 apartments for rent for August 1st and/or September 1st.
File Under: Boston apartment rents heading south