For nearly half of the 17 years he has owned a year-round rental on the Lower Cape, Matt Pitta has had the ideal tenant. “She’s been excellent, but like so many impacted by the pandemic, her hours and her employment [...]
Even before the pandemic hit our economy, Cape Cod was suffering from an extreme lack of rental properties for our workforce. In Barnstable, we had a vacancy rate of less than 1%, when real estate experts consider a 7% vacancy [...]
Even before the pandemic hit, the housing crisis on Cape Cod was at a tipping point. One indication could be seen in this statistic: pre-COVID, 45 percent of renters in our region were either extremely cost burdened or burdened. “What [...]
