Boston’s unofficial move in day of September 1 has come and gone, and like a U-Haul truck on Storrow Drive, some landlords find themselves stuck. They are stuck with vacant properties.
“This September 1 came in with more inventory. The city itself right now has about 16.79% more inventory than it did one year ago today,” said Demetrius Salpoglou, CEO of Boston Pads.
He says the vacancies are due to a lack of international college students this year, and in particular, near colleges with graduate programs in math and science…