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Boston apartment rents for the 99 percent: Non-luxury buildings 16/08/2017

apartment rents are either steady or increasing for -luxury apartments.

The analyses that often paint this reality cull from both luxury apartment buildings and the region’s more utilitarian fare. A new report from real estate listings site ‘Boston Pads’ seeks to separate the non-luxury apartments from the luxury spreads in amenity-laden buildings to provide a snapshot of how much it costs to rent your average one- or two-bedroom home. It turns out that even removing the luxury apartments means that tony Back Bay is the most expensive area for renting either a one-bedroom or a two-bedroom. And Quincy and Dorchester are the least expensive.

None of the vacancy rates are particularly beefy. Some, like in Newton and Beacon Hill are extremely low, which helps explain why rents remain relatively high, even in non-luxury buildings: There’s just not that much supply to satisfy the demand.

Source: boston.curbed.com
https://boston.curbed.com/2017/8/14/16143736/boston-apartment-rents-non-luxury

Boston apartment rents for the 99 percent: Non-luxury buildings A new report seeks to separate the non-luxury apartments from the luxury spreads in amenity-laden buildings to provide a snapshot of how much it costs to rent your average one- or two-bedroom home.

Global Cities Index - Global Cities - Schroders 04/08/2017

was ranked the for global real estate investment by Schroders Global Cities Index after and . Boston is one of 18 American cities listed in the top 30 by Schroders.

The index utilized a number of factors to identify the most “economically vibrant cities” including the population age 15 and over as a way to gauge demand for goods and services, median household income, retail sales and gross domestic product. The index also factors potential future growth into its calculations and local university rankings

Out of those categories, Boston ranked highest in university ranking, where it came in second only to Hong Kong. Boston ranked 8th in income, 24th in retail, 24th in population and 17th in gross domestic product.

source: http://www.schroders.com/en/schrodersglobalcities/blog/global-cities-index/

Global Cities Index - Global Cities - Schroders

Photos 31/07/2017

London's Walkie Talkie building sold for record breaking £1.3bn. Sum paid for City skyscraper by Hong Kong food conglomerate Lee K*m Kee is highest ever for a single UK building.

Photos 26/07/2017

US sees spike in Canadian homebuyers. Canadians reeling from soaring prices at home helped fuel an increase foreign home purchases in the US, according to a survey of US property agents. Canadians spent $19bn, more than double the previous year, much of it in the sunny southern state of Florida, the National Association of Realtors said. Purchases by foreigners increased 32% from April 2016 to March 2017. They accounted for about 5% of the US housing market. Sunny and warm Florida, California and Texas were top states for foreign buyers

Photos from Adventum's post 21/07/2017

Trinity Islands consisting of a 67-storey tower is recommended for approval by planning chiefs. Once approved, it will be the tallest building in Manchester and will confirm Manchester as Britain’s second city for towers in its race for the sky.

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