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Updated over 5 years ago,

User Stats

25
Posts
4
Votes
Leah M.
  • Investor
  • Newton, MA
4
Votes |
25
Posts

Are rents sustainable

Leah M.
  • Investor
  • Newton, MA
Posted

My question is whether you believe rents in boston are sustainable for the long term.  Current rents are dependent on millenials being willing to live together sometimes 3 to 4 roommates to an apartment.  Do you think this is just a phase and eventually young professionals will migrate to cheaper cities where an apartment can  be had for the price of a room in Boston? Or will young professionals leave due to the inaffordibility of the housing in the area? Curious to hear your thoughts.

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