Brand new luxury apartments are popping up all over the city. Over the next 3 years, these high-end developments will add 8,000 new rentals to the market! The question is, are there enough people that can afford this style of living?
After all, as Curbed notes, “Boston’s population increased 3.1%, to more than 636,000, in 2010 to 2012. But clearly not all of those people can be wealthy.”