One year after broker fee ban, Boston’s rents tell a different story than New York’s

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One year ago, Massachusetts banned apartment landlords from passing along broker fees to tenants, if the landlord hired the broker. Unlike in New York City, where rents skyrocketed after a similar provision, the Massachusetts measure does not appear to have had a similar effect in Boston. As of August 3, the average rent in Boston was $3,450, up 2.9 percent year over year, according to data from Zillow. That’s slightly higher than the national increase for the typical apartment, which was 2.2 percent year over year in June. “I haven’t seen landlords raise [rents] because of the broker fee ban, [...] This article originally appeared on The Real Deal. Click here to read the full story.