It is a matter of supply and demand. We have a big demand for all types of rentals - students, professionals, relocations etc. Supply is currently low but there are many new construction projects under way with rental units so that should help ease the supply in coming years.
Furnished rentals will suit some people especially if looking at a rental period of less than one year.
Rent or Buy - great question and it comes down to your personal situation. With rents as high as they are the possibility of selling should be considered. Some basic elements include the need for a good credit and employment history, cash reserves for deposit and closing costs, long term plans to stay in the home. This is a great opportunity for the right buyer.
As always, FurChin at RE/MAX Unlimited is Your Real Estate Solution for Greater Boston. Feel free to contact us if we can help you in any way - firstname.lastname@example.org, 617 620 0669.