Boston: The most expensive city in the US
September 10, 2005 at 3:42 pm by Will Crawford in Ramblings | 3 CommentsPhilip Greenspun’s Weblog drew my attention to a recent survey identifying Boston as the most expensive city in the country.
In a way, I’m kind of proud. I grew up in the city just as it was beginning its post-1970s recovery. I don’t remember when things were really bad, but I certainly remember when they were worse. Of course, large parts of the city have become much less local than they used to be. Newbury Street, now the city’s trendiest commercial area, presently includes Nike Town, a Banana Republic flagship store, Armani, French Connection, a Virgin Megastore, and various other major brands and high end boutiques. The used bookstore I used to visit on my way home from school was forced out several years ago when the rent hit $17,000 a month. The evolution of Harvard Square has been similiar.
So maybe not so proud. Still, I think I’ve got a better deal on housing than my friends in San Francisco.
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Actually, the Boston Globe had a story this past week reporting that Boston is also now the most expensive real estate market in the country, beating out NYC and SanFran. I can’t find the link…
Comment by Rebecca — September 10, 2005 #
Yes, and that’s the article Philip links to. Nonetheless, I still pay less for a given unit of housing. The statistic is actually based on the cost for a family of four.
Comment by Will Crawford — September 10, 2005 #
Well, my teeny one-bedroom in the Stalinesque block with the cement walls is still eating up two-thirds of my income…hardly affordable housing for a family of one.
Comment by Rebecca — September 10, 2005 #