Today’s Globe editorial is about the Boston rental market but the same laws of supply and demand apply here.

Many of those new units, whether they’re condos or apartments, are too expensive for the average family. But the city believes that they’ve reduced the demand on older housing stock enough that owners of existing units have been forced to lower their prices to compete. The law of supply and demand, it would appear, is working in Boston.

Article From: "Chestnut Hill, MA Local News"   Read full article

Pin It on Pinterest