"Boston is a desirable place to live," says Eric Belsky, managing director of Harvard University's Joint Center for Housing Studies in a Boston Globe article today.
Of course, we Bostonians (and greater Bostonians) know this, but we also know that can translate into some pretty high rents. Much as other Globe articles have recently mentioned (and we've blogged about here and here), the rising rents are due in part to the current state of the housing market. People just aren't buying right now, so they continue to rent and prices continue to rise in response to the demand.
Its an interesting article and worth a read whether your looking to rent or buy in the near future. And of course, if you do find that great apartment in or around Boston and need help moving, give us a call!
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