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September 21, 2017

College towns feel pinch from sites like Airbnb

By STEVE LeBLANC
Associated Press

CAMBRIDGE, Mass. — Time was when renting an apartment in one of this college town's funky triple-deckers or two-family homes wouldn't cost an arm and a leg.

Now, renting in Cambridge can feel like that — something critics say is made tougher by short-term rental websites like Airbnb, through which property owners can make more money renting out apartments or homes by the night instead of a yearlong lease.


 
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