Is High Business Rent Changing the Shape of Downtown Portsmouth?

Jul 16, 2012

We learned recently that the cost of rental housing has been climbing in New Hampshire – a typical two bedroom apartment in the state now costs more than a thousand dollars a month. And in some parts of the Granite State, businesses are dealing with high rental costs as well.

Reporter Amanda Loder of StateImpact New Hampshire has been looking at the effect of high rents on businesses for her economic series, Getting By, Getting Ahead. She tells All Things Considered host Brady Carlson about the possible effects in Portsmouth, where rents are said to sometimes rival that of Boston's retail hubs.