As millennials continue to bore into the real estate market, renting has become the mainstay of the younger generation. Inability to save and lack of a strong credit history are key contributors to homeownership rates dropping. If this trend continues the next Generation, Z, will be absolutely forced into renting. RentCafe recently released an incredibly … More The Next Generation of Renters
A recent study has suggested that renting an apartment can make you more money than owning a home. As shocking as this may sound, a thorough review of the data, reveals you should take your time before doing anything drastic. “A Revision of the American Dream of Homeownership,”published in 2017, does not outright tell us … More Home Ownership & Wealth Generation: Should you be renting?
Cryptocurrencies like Bitcoin are new electronic cash systems that are completely decentralized with no server or central authority. Bitcoin and other cryptocurrencies advocate that blockchain technology is the key to a secure monetary future. By providing unique access codes, secure transactions can take place from almost anywhere in the world and the blocks of code … More Cryptocurrencies and the Real Estate Industry
As urban centers continue to see rents skyrocket, it is important for many to learn how to live in a city on a budget. Here are some tips to get you started: 1. Build a real budget and stick to it. Learvest is a financial planning tool created by a Harvard Business alum. Their team … More City Living on a Budget
The Boston Foundation reports in their annual Greater Boston Housing Report Card that while it is true that new housing is being added in the Greater Boston area, the majority of the units are in the city of Boston itself and in just a few surrounding cities while towns in the suburbs are seeing little … More Little to no housing being built in the suburbs
There are quite a few steps typically required for any private landlord to procure a quality tenant: marketing, conducting showings, screening tenants, and preparing lease documents, among others. While seasoned private landlords might even enjoy the aforementioned processes, many landlords would simply prefer their unit be rented in a timely manner by a high-quality tenant. … More Private Owner Perspective: Why List Through An Agent?
Most of the focus on AirBNB stems from the money lost from a lack of taxation, an estimated $15 million from around 592,000 guests in Massachusetts last year. However, while other lodging establishments need to adhere to a strict set of municipal regulations, the owner of a unit on AirBNB currently does not. State Representative … More Cambridge imposes restrictions on AirBNB rentals