> Every year a new batch of college kids moves in and mommy/daddy foot the bill for the housing at ever higher rents. What's odd is that this was true in the 1

> Every year a new batch of college kids moves in and mommy/daddy foot the bill for the housing at ever higher rents. What's odd is that this was true in the 1970's as well (when MIT, Harvard, Boston college and others had all existed for over 100 years). What has changed recently? Boston didn't used to be this expensive of a city, comparatively, unlike NYC which is famous for the level of inequality going back 100 years. It's like when people say that corporations are price gouging now because they got greedy. Were they not greedy in the past?