Why is Boston a great city for real estate investment?
01
Boston has a large number of young people
The average age of the population in Greater Boston is 38, and Boston is considered one of the most popular cities for millennials, who are the majority of home buyers in the United States.
02
Boston's job market will attract a larger influx of people
Boston's venture capital funding grew by 48% in 2021, the largest increase of any U.S. metropolis, suggesting that Boston will add more jobs in the near term.
03
The appreciation of the house is guaranteed
Greater Boston real estate has increased in value by 98.55% over the past 10 years, with an average annual appreciation rate of 7.1%, which is higher than 90% of the United States.
04
Boston has a thriving rental market
Boston is a world-renowned college town, with more than 100 colleges and universities in the Greater Boston area. 51% of Boston's households are renters, and Boston's housing vacancy rate is below 5% year-round.
05
Boston's industrial structure is less affected by the U.S. economy
Boston's pillar industries include biotechnology, education, hospitals, and insurance, and the economic crisis in the United States has had little impact on these industries.
Massachusetts has been named the most livable state in the nation for three consecutive years
WalletHub, a well-known financial website in the United States, released a set of data, which shows that Massachusetts has been rated as the most livable state in the United States for three consecutive years
Massachusetts is the No. 1 in education and health care in the nation
Massachusetts has a wealth of state-of-the-art medical institutions, including:
Massachusetts General Hospital
Longwood Medical Center
Dana Faber Hospital
Children's Hospital
Beth Isreal Deaconess Medical Ctr
Brigham and Women's Hospital
Boston has been named the No. 1 student friendliest city in the nation in 2024
The city of Cambridge was named the third most livable city in the United States in 2024
