Cambridge imposes restrictions on AirBNB rentals

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

Cambridge joins Boston as most expensive cities in U.S.

A new report from RENTCafe, a real estate research site, has listed the most expensive cities to live in the United States by averaging the rents of buildings with at least fifty units. Among the top five are two cities in the Greater Boston area: Boston and Cambridge. According to RENTCafe, Boston was number three … More Cambridge joins Boston as most expensive cities in U.S.