Average Boston-area rent falls for the first time in almost 7 years
Bingyi Chen, a Chinese immigrant who lives in Concord, has bought at least 16 units at the new Millennium Tower for $15.6 million — all in cash. By Tim Logan GLOBE STAFF JANUARY 5, 2017 After years of going up, rents in Boston’s superheated real estate market may have finally reached a peak. Data released…