| Boston Real Estate Rental Market: It is May and | | | | picking up amy fee for September listings. |
| the start on the frenzy rental market. The | | | | Another sign we are seeing is that there is a |
| outlook for landlords looks good I foresee rent | | | | serious shortage of available three bedroom |
| rising depending on what of Boston from 5% | | | | apartments on the market for college students.A |
| -15%.The reason for the rent increases is due to | | | | second reason to the rise in the rents is that as |
| a lack of inventory. In the last few years with | | | | interest continue to rise, it is taking some potential |
| condominium conversions the number of available | | | | home buyers out of the market and thus they |
| rental apartments has dropped off allowing | | | | are remaining in a renter status.A third reason is |
| owners to raise rents and tighten up on | | | | the lack of dorms within the Boston area. |
| concessions. Basically, fewer and fewer landlords | | | | Presently, Suffolk is trying to pass a 30 story |
| will be picking up the fee this rental season. In | | | | dorm building in Beacon Hill which is facing some |
| Beacon Hill most all of the larger landlords are not | | | | serious road blocks. |