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Boston's Brains Will Save Its Housing Market; And More!

HUB-WIDE—It's Everybody Hate the MBTA Day: "The MBTA has released proposals and data for fare increases that could range between 35% and 43%, as well as cuts on all services except the Red, Blue and Orange Lines. The T estimates the extra money would make up a $161-million deficit and offset revenue lost by people abandoning the T because of the higher fares. One proposal would sock CharlieTicket riders with even higher increases in an effort to get them to move to CharlieCards. Another would require a $10 minimum for adding value to CharlieCards on buses or on trolleys, not to raise revenue but to speed boarding times on buses." [The Hub]
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BOSTON—Trulia's chief economist puts the city on a list of egg-heady ones that should see rising prices in 2012: "'Smart cities are hot,' he said in his annual forecast, highlighting Austin, Houston, San Jose, Boston and Rochester, New York, as cities where home prices can be expected to see modest to healthy increases." [Reuters]