Bay State cheapskates aren’t so cheap, after all
A story of great interest A story of great interest to me has been making its way through the local press today. It pertains to Massachusetts reputation as being cheap when it comes to charity. In fact, the original study, calculated on something called...1031 Exchanges are good for Boston real estate investors
Even small investors should consider doing a 1031 exchange, whereby you sell one investment property and immediately put the proceeds toward another investment property. You benefit, because you only pay taxes when you finally stop buying new...Colleges build dorms; not all residents happy
Nascent Boston real estate blog Boston-Real-Estate-Watch reports: The Boston Foundation website www.tbf.org reported on how the college community is confronting the vexing problem of student housing. It’s findings show from 1990 – 2002 Boston colleges and...Bostonians spend 80% of their incomes on rent!!!
The Greater Boston Housing Report Card (warning, PDF file), put out by The Boston Foundation, would have you believe that there are people spending 80% (or more) of their income on rent. The report’s authors misuse data to draw inaccurate conclusions. ...Costs of renting vs. buying diverge – but there’s a reason for that
So, economists, analysts, and the media have all jumped on this idea that housing costs MUST decrease, because the cost of buying vs. the cost of renting has diverged. I’m in the minority who think there is absolutely no logic in this thinking. Comparing...Condo Listings by Neighborhood
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