Boston’s apartment rent prices have hit an all-time high, so good luck finding an affordable unit before the traditional September 1 lease-transition date. The usual-suspect neighborhoods top the list of most expensive areas in the city to rent.
One is tempted to say these rent spikes will sooner of later send people flocking to buy condos or homes. But this housing market has defied all common sense and past trends. Many people remain highly nervous about buying during turbulent economic times.
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