A new report from New York University's Furman Center on the states of rental markets in major U.S. cities pretty much confirms what we already knew about Greater Boston: that renting here is a nightmare. It's not merely the higher costs compared with pretty much every other region except the New York City and San Francisco areas. It's the scarcity of available apartments to rent. And yet there is a blindingly bright silver lining in it all
Boston and Seattle tied for fifth place among U.S. cities, behind New York, Los Angeles, San Francisco and Washington, D.C. The survey was a poll among AFIRE’s 200 member firms — both foreign investors and investment advisory firms — and was completed in the fourth quarter by the James A. Graaskamp Center for Real Estate at the Wisconsin School of Business.