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Source:
The Boston Globe
The Boston Globe
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Despite broader trends of falling rents in some expensive U.S. cities, rents in Boston have remained steady or increased slightly due to high demand and a significant housing shortage. While construction has increased, it has not been enough to offset the persistent housing deficit, keeping rental prices high. The region's economic challenges, including faltering industries and sluggish new development, contribute to the ongoing housing affordability issues.
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