Housing

Taxes on short-term rentals could hit 17.5%

Taxes on short-term rentals could hit 17.5%

New taxes expected to take effect in January 2019

STATE HOUSE NEWS SERVICE SHORT-TERM HOUSING UNITS rented through websites like Airbnb could be taxed at almost 17.5 percent in cities like Boston and Massachusetts would become the first state in the country to maintain a central registry under compromise legislation agreed to Sunday night by House and Senate negotiators. State officials have been trying(...)

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The waterfront is for all

The waterfront is for all

Officials cater to wealthy in access and development along Boston’s harbor

WALKING ALONG THE Boston Harbor waterfront today, it is clear that the area has come a long way from the days when the harbor was an open sewer and an elevated highway cut off the water from the rest of the city. For decades, neglected waterfront properties created few jobs, paid little in taxes, and(...)

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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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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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For hire: CEO of housing and transit

For hire: CEO of housing and transit

Eastern Mass. has too little housing and too much traffic. Here’s a bold fix.

EASTERN MASSACHUSETTS has a lot going for it. From the outside looking in, we’re thriving in the information economy. We can boast a talented workforce; world-class research and development; productive relations between government, business, and academia; nationally esteemed health care and education services; and access to deep capital markets. Residents, though, see the underside of(...)

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Rivera’s folly comes to an end

Rivera’s folly comes to an end

The Lawrence school department moves back into their original building after $3.5 million in repairs

Lawrence on Thursday unloaded an empty downtown building and a lot next door, bringing an end to a real estate power play by Mayor Daniel Rivera that ended up backfiring. Rivera engineered the purchase of the building at 370 Essex St. in 2015 as the future home for the city’s school department. At the time,(...)

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Airbnb goes inhospitable

Airbnb goes inhospitable

The home-sharing site lays into Boston City Councilor Michelle Wu for her proposed restrictions

GO ON THE Airbnb website and you feel like you’ve landed in a cool world with interesting people who could become your friends. “Book unique homes and experiences all over the world,” is the message greeting visitors to the company’s homepage. The message to those who would stand in the path of the multibillion-dollar home-sharing(...)

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