Top Reasons Why You May Consider Renting in Boston vs. Buying
The decision to rent and an apartment vs. buying a house is a tough one in a competitive real estate market like Boston. Here are 5 reasons why many prefer to rent over buying in Beantown.
Buying a home has always been the American dream. That is as true in Boston as it is elsewhere. However, the demand for housing is rapidly growing while the supply of homes for sale in Boston is low as its ever been. Existing demand for property dictates the trend in the market where prices are soaring to levels we’ve never seen before.
Boston is a young city, and more young people opt for renting Boston apartments due to budget constraints and other factors. Here’s a list of some of those factors: