February 19, 2020
“Boston appears to be bucking the national trend with slowing increases in rents that seems clearly linked to the substantial increase in the City’s supply of new apartments in recent years,” Chris Herbert, managing director of the Joint Center for Housing Studies of Harvard University, said in a statement.
February 18, 2020
Instead of building equity, many millennials are renting or living with their parents. In 2018 more than 1 in 3 renter households was headed by someone under age 35 vs. just 1 in 10 homeowner households, according to recent research by the Harvard Joint Center for Housing Studies.
February 14, 2020
The New York Times
New apartments today overwhelmingly target higher-income renters. The median rent for a new unit is now $1,620 a month, 78 percent higher than the median rent nationwide, according to the Harvard Joint Center for Housing Studies (the gulf between those figures has been widening).
February 13, 2020
Boston.com Real Estate
A lot of us would welcome a little more space at home: that’s partly why Americans spent $30 billion on room additions and exterior add-ons like decks, porches, and garages in 2017, according to Harvard’s Joint Center for Housing Studies.
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