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The traditional Sept. 1 move-in frenzy is fast-approaching, but many rentals remain empty
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These are unusual times in Boston’s rental market. You might even call them unprecedented.
The coronavirus pandemic, a rapid shift to working from home, and mass confusion at the colleges and universities that drive so much of the city’s housing demand have combined to give tenants a rare upper hand over landlords.
Concessions granted to renters are up, with landlords and brokers sweetening deals with a month or more’s rent, no broker fees, and even a window air conditioner if it will land a tenant. But despite the perks, more than 13,000 apartments in Boston, Brookline, Cambridge, and Somerville remain available.
Read the full story.
Read more:
– Can colleges ensure off-campus parties don’t turn into super-spreader events?
– Colleges are asking students to sign waivers and consent agreements if they want to return to campus
– With fewer homes on the market in Mass., prices soared in July
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