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'The Rent Is Too Damn High' In Boston
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The Rent Is Too Damn High Party founder Jimmy MacMillan would hardly be surprised by this headline in today's Boston Globe: "Rents hit a record high in Hub area."
The median rent for the region inside I-495 is now $1,665, according to new data from Reis Incorporated, a New York firm that tracks rents nationwide.
Northeastern University housing economist Barry Bluestone says the rising rents pose a long-term threat to Boston's economic competitiveness.
Guest:
- Barry Bluestone, dean, School of Public Policy and Urban Affairs, Northeastern University
This segment aired on July 25, 2011.