Tale of Two Cities: How Boston hopes Austin can solve its housing crisis
Boston and Austin, Texas, share more than just a rhyme in their names. Both cities face the stiff housing crunch affecting cities nationwide. Both have booming tech and biotech sectors. And both are home to tens of thousands of students, many of whom compete for apartments with year-round residents. But where Boston’s average rent is up 2.4% from a year ago, Austin’s rents are falling, ...