I initially missed this piece by Banker & Tradesman’s Steve Adams, who reports on how Allston, long known as a “student ghetto,” is changing due to the housing shortage and recent developments. This graf jumped out at me: 

“In a half-acre sliver of land alongside the Massachusetts Turnpike, a new 7-story apartment building called The Indie has begun marketing studios ranging from 329 to 351 square feet for occupancy this fall. The minimum rent: $3,113.”

Update – The Globe is reporting that the median price of a Greater Boston home hit $960,000 in June. … Meanwhile, Scott Van Voorhis reports on how a major housing bill has stalled at the State House amid Senate-vs-House squabbling.