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  • Amid tight supply, Boston rents soar

    The Boston Globe - 08/14/2012

    Rents for apartments in Boston­ are soaring, and a dearth of construction of less expensive apartments is making it increasingly difficult for tenants to find affordable places to live.

    “If I have to spend 40 or even 50 percent of my household income on rent, that means I’m going to spend less on restaurants, less on clothing, less at malls, less on everything else,” said Barry Bluestone, director of the Dukakis Center for Urban and Regional Policy at Northeastern University.