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85% of Bostonians Can't Afford Their City: Mayor

Eighty-five percent of the people of Boston cannot afford to live in the towers tracing the city's flourishing skyline, Mayor Marty Walsh said at a construction conference.

According to Boston Real Estate Now, the asking price for units in the new towers opening up in downtown Boston are inching toward $3,000 per month for studios and a staggering $12,000 per month for penthouses. It's not much better in Cambridge.

Where can middle-class families turn for assistance to avoid being priced out of their beloved city?

Boston Responses to Calls for Affordable Housing

With a staggering shortage of affordable housing, it's becoming increasingly difficult to buy or rent property in Boston.

At some point, the city will have to step in and address the increasing scarcity of affordable housing options.

Here are five solutions the city may use to help ease the financial burden:

Are Micro-Apartments Legal?

When it comes to getting priced out, Bostonians are feeling the heat. Greater Boston is experiencing a staggering housing shortage -- currently, an estimated 25,000 units expected to balloon to 46,000 units, Curbed reports.

Other housing-starved cities like New York and San Francisco are turning to micro-apartments as an urban planning solution to skyrocketing housing prices. Boston is warming up to the idea of micro-apartments, albeit slowly and skeptically.

But are micro-apartments legal in Boston?

When to Take a Tenant to Court

Although far from an ideal situation, there are certain situations when a landlord may find that he or she must take a tenant to court for eviction purposes.

In order to legally evict a tenant in Massachusetts, a landlord must properly terminate a tenancy and get permission from a court to legally take possession of the apartment.

Here are three common reasons to sue to evict a tenant:

3 Ways to Transfer Home Ownership

If you're interested in transferring your home ownership, you may wonder how to go about doing it. There are three common ways people transfer such ownership: through deeds, joint tenancy, and wills.

Here's a general overview of these three types of home ownership transfer:

Ready to Sell Your Office?: 5 Legal Questions

An investment fund run by the real estate firm Related Beal rang in the new year by purchasing five historic buildings in the heart of downtown Boston from Fidelity Investments. For fellow Bostonian business owners, the deal begs a popular commercial real estate question: Is it time to sell your office?

Here are five legal questions to ask yourself before you put your commercial property on the market:

Should Your Apt. Complex Be Sniffing for Dog-Doo DNA?

Snowstorm season may be brewing in Massachusetts, but the town of Braintree is currently preoccupied with a poopstorm of the canine variety.

The condominium community of Devon Wood recently implemented a new pooper-scooper enforcement tool fit for the brave new world: the manager is using DNA testing to nail residents who aren't picking up after their pups.

Is dog poop DNA testing the (smelly) wave of the future?

What Are CC&Rs?

When you move into a condo or housing development, you will often be asked to sign a catch-all deed of declarations called "Covenants, Conditions, and Restrictions" (CC&Rs).

But what exactly are CC&Rs?

Are Married Couples Joint Tenants?

Property ownership in Massachusetts is a confounding matter for many married couples. As you may know, Massachusetts is not a community property state. For that reason, it's not easily presumed that a property purchased by a husband and wife together would enjoy a 50/50 split in property interest.

To protect you and your spouse's property interest, you may want to look into a joint tenancy.

What is Massachusetts Chapter 40B?

What is Massachusetts' Chapter 40B? Under Massachusetts' Comprehensive Permit Act, Chapter 40B was a section enacted in 1969 in order to address the shortage of affordable housing developments in the state.

While this may sound like a great provision, Chapter 40B has raised some questions and even complaints from residents in various communities around Massachusetts -- many of which are attempting to enforce changes, North Andover Patch reports.

What does the law mean, exactly? Also, what are these changes residents are pushing for? Here's a general overview: