In Boston, the once red-hot rental market is experiencing a serious downturn -- creating a renter's market unheard for years.
"Boston's once-scorching rental market has begun to cool, with demand slipping and vacancy rates climbing from less than 1 percent this time last year to roughly 5 percent now. The new signs of the times: A for-rent sign on Charlestown's upscale waterfront with an offer of one month's free rent, South End landlords paying finder's fees for tenants, and renters redeeming coupons for $100-a-month rent reductions." However, housing advocates say that even with the recent changes, most workers still can't afford the average apartment.
Thanks to Christian Peralta
FULL STORY: Suddenly, renters get edge
Planetizen Federal Action Tracker
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Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
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