A new survey by brokerage Marcus & Millichap says the Greater Boston apartment market will get so tight by the end of 2012 that rents will go from high to crazy high: "[R]ents will reach uncharted territory as owners boost asking rents 3.4 percent to $1,805 per month, the survey said. In the previous 12 months, asking rents rose 2 percent..." [Biz Journal]
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