Cambridge: The Tech-Talent Housing Crunch
August 27, 2025By Maggie Li
Cambridge: The Tech-Talent Housing Crunch
With the continued expansion of biotech in Kendall Square, the demand for housing in Cambridge has reached a fever pitch in late summer 2025.
What's Driving the Market?
- The 'Walk-to-Work' Premium: Employees at Moderna, Google, and Amazon are willing to pay a massive premium for a 15-minute walk to the office.
- Inventory Stagnation: Long-time residents aren't selling, leading to intense bidding wars for every new condo that hits the market.
- Rent vs. Buy: Even with rates in the 6s, many tech workers are choosing to buy to build equity in a market that has historically never dipped.
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