RadioBDC Logo
Electric Feel | MGMT Listen Live
THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING
Paul McMorrow

New units don’t bring rent relief

By Paul McMorrow
November 22, 2011

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

Your article has been sent.

Text size +

Record high rents are luring developers across Boston to rush to get apartment projects in the ground. In the past few weeks, builders broke ground on more housing units than got built in the city in the last two years. combined. This seems like a lot, but the apartment construction rush could actually continue unabated for years without causing a serious glut, or making much of a dent in rents that rank among the country’s highest. The region’s inability to keep up with housing demand is a long-running problem, and one spurt of positive construction activity can’t reverse it.

For more from BostonGlobe.com, sign up or log in below

To continue, please sign up or log in to BostonGlobe.com

Access the full articles and quality reporting of The Boston Globe at BostonGlobe.com

Sign up

Unlimited Access to BostonGlobe.com for 4 weeks for only 99¢.

Are you a Boston Globe home delivery subscriber?

Get FREE access as part of your print subscription.

BostonGlobe.com subscriber

Click to continue reading this article or to log in to BostonGlobe.com.