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Updated over 4 years ago on . Most recent reply

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6
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Steve Dai
3
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6
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Very slow rental market in Boston area, anyone?

Steve Dai
Posted

I am a landlord and a broker in Boston.  I think Boston market is probably one of the worst performing rental market due to Covid-19's impact on schools and international students.  For example Regatta building in Cambridge now has 30 units for rent, and the asking price is at least 25% less than usual.  I have a newly renovated 3 B 2 BA in Newton, and normally it should be rented within 2 weeks and now has been sitting on the market for 4 weeks with almost no inquiries.  Do landlords on BP in Boston or other "hot" areas have similar experience?  

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