Flooded Rental Market

[Peter Pezzano]

I work and live in Boston Ma, I plan on investing in properties within the next year or so, however my biggest concern is that Boston, much like the rest of the country, is in a major building boom! Within the next year, they have projected that there will be 320,000 rental units hitting the market! I believe this is going to have a serious effect on rents. We are already seeing some of these new buildings offering crazy incentives to rent. I'm looking for advice as to whether or not getting into the market now is a good idea.