A major shortage of available rental units has pushed apartment prices to all-time highs in the Greater Boston area. The data suggests this is fundamentally rooted in a supply delivery conundrum.
Renters looking for an apartment as Boston’s all-important September lease rollover date approaches face daunting challenges – even by the standards of the region’s typically competitive market.
Boston’s housing supply shortage has reached a tipping point. Allowing landlords to add bedrooms to apartments without the slow, confusing and expensive variance process will rapidly address this vast need.
Mounting losses and economic anxiety are injecting uncertainty into the Boston area’s apartment-hunting scene, where landlords typically hold a firm upper hand.
