Boston Settles with Airbnb Over Rental Regulations
The city of Boston’s attempts to track and regulate the short-term rental industry in the city appear to be ready for take-off following a settlement between it and vacation rentals giant Airbnb.
The city of Boston’s attempts to track and regulate the short-term rental industry in the city appear to be ready for take-off following a settlement between it and vacation rentals giant Airbnb.
Greater Boston may be on track to deliver over 5,000 new apartments in 2019, but it represents a 24 percent drop from last year, while the metro area’s population continues to grow.
Residential rents in the city of Boston have risen by 6 percent in the last 12 months to $2,400 per month, according to a new report by apartment listing service Zumper.