Housing Market Cooling Down

In Boston, the once red-hot rental market is experiencing a serious downturn -- creating a renter's market unheard for years.

1 minute read

October 12, 2001, 4:00 AM PDT

By Christian Madera @http://www.twitter.com/cpmadera

"Boston's once-scorching rental market has begun to cool, with demand slipping and vacancy rates climbing from less than 1 percent this time last year to roughly 5 percent now. The new signs of the times: A for-rent sign on Charlestown's upscale waterfront with an offer of one month's free rent, South End landlords paying finder's fees for tenants, and renters redeeming coupons for $100-a-month rent reductions." However, housing advocates say that even with the recent changes, most workers still can't afford the average apartment.

Thanks to Christian Peralta

FULL STORY: Suddenly, renters get edge

Thursday, October 11, 2001 in The Boston Globe

Housing Massachusetts

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Get top-rated, practical training

Start Learning

Advertise with us

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.