Everyone in this town knows rents are high. But when they continue to soar it’s sour news for people just looking for a place to live. In the past year rents have gone up by 7 percent. Today it will cost you, on average, just over $1800 a month. And that’s not even factoring in related expenses, like finder’s fees, security deposit and utilities.
It’s one thing to deal with expensive rents. It’s another thing when the cost of living drives talent — especially young talent fresh out of Boston’s schools — to other, cheaper, cities.
Mentioned on the show: Is Worcester an option? Maybe not — it’s coming back. Listen to Callie Crossley’s segment on “rebranding Worcester.”
Guests:
Thomas Grillo, real estate editor for the Boston Business Journal.
Malia Lazu, the executive director for the Future Boston Alliance.
