A still-tight vacancy rate in Boston is creating a shortage of housing throughout the city, particularly for lower-income households. Consequently, vacancy in Class C apartments has held below 3% during the past two annual periods ending in September. The average effective rent in these apartments
In June 2018, the Boston City Council passed an Ordinance aimed in large part at curtailing the ability of investors to purchase housing units for the purpose of renting the unit on short-term rental platforms, such as Airbnb. The Ordinance goes into effect on January 1, 2019, however there are certain