Economy

Senate gives special treatment to Airbnb

Senate gives special treatment to Airbnb

House bill gets it right on regulating short-term rentals like lodging

REAL ESTATE INVESTORS are increasingly reshaping local residential neighborhoods by acquiring homes and apartments and converting them into full-time tourist lodging as “short-term rentals.” What began about a decade ago with a few homeowners offering an occasional room for rent is now a hot investment trend—producing record earnings for absentee owners, but also threatening housing(...)

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Second-home owners lose out in Airbnb regs

Second-home owners lose out in Airbnb regs

Boston's short-term rental ban on investors hurts those who saved for future

FOR MANY OF US, Boston is home. For others, our city is an exciting place to visit, full of rich history, beautiful neighborhoods, and fun things to do. Our welcoming community brings a wide variety of travelers looking to experience all that Boston has to offer. These visitors bring in vital tourism dollars to small(...)

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The end of recycling?

The end of recycling?

Cutting curbside collections will overload landfills, create environmental crisis

CURBSIDE RECYCLING PROGRAMS are disappearing in Massachusetts. Our Commonwealth has made the absurd decision to dump thousands of tons of recyclable materials into landfills. Recycling infrastructure is approaching its breaking point, and the slow response from our public leaders is due to a conspicuous lack of resources to prevent this crisis. Indications of this systemic(...)

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Sales tax boon – or not?

Sales tax boon – or not?

New tax decision said to be about creating equity

It’s going to cost some people a little more to make online purchases after the Supreme Court ruled in a case involving Massachusetts-based Wayfair that states can collect sales tax on purchases by residents no matter where the seller is located. For many states, that not only clears up confusion stemming from a 25-year-old decision that said(...)

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Sales tax boon – or not?

It’s going to cost some people a little more to make online purchases after the Supreme Court ruled in a case involving Massachusetts-based Wayfair that states can collect sales tax on purchases by residents no matter where the seller is located. For many states, that not only clears up confusion stemming from a 25-year-old decision that said(...)

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Grand bargain talks can now begin in earnest

Grand bargain talks can now begin in earnest

Deal remains possible with millionaire tax dead, but it likely will be costly

Now that the millionaire tax is dead, state leaders can finally get down to work. The millionaire tax was a great excuse for doing nothing. As long as the question was on the ballot and its poll numbers remained high, the millionaire tax’s $2 billion-a-year haul was the answer to just about everything. Fix the(...)

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Three pieces of ‘employability’ advice for college seniors

Three pieces of ‘employability’ advice for college seniors

A little planning will go a long way in finding a good career match

START GETTING INTERNSHIPS your first year of college. Always keep an open mind about what kind of career could work for you. And refuse to think you have to squelch your personality—or fit in a cookie cutter—to be an attractive job candidate. From my two years as a career services counselor at Bentley University, those(...)

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How to solve homelessness

How to solve homelessness

Solutions abound; they just need money

TONIGHT, 6,300 MEN and women across the Commonwealth will sleep on the streets or in shelter. Although that statistic may be disheartening, this does not have to be the case. Homeless services providers across the state do not lack for solutions to end homelessness – we lack the necessary resources. Additional funding would allow providers(...)

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City council puts restraints on Airbnb

City council puts restraints on Airbnb

Industry slams measure for cutting commercial units, rental caps

THE BOSTON CITY COUNCIL overwhelmingly approved tough new restrictions on short-term rentals offered by companies such as Airbnb and HomeAway, eliminating investor-owned units from the marketplace while allowing owner-occupied, two- and three-family homeowners to rent out some of their units year-round. The council on Wednesday made some minor adjustments to a proposal by Mayor Marty(...)

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