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Why is rental housing getting smaller?

I live in an early 20th century wooden triple-decker. New triple-deckers are being built around me. They're about 5 feet shorter than the house I live in and have smaller porches. Are smaller houses a true trend?
 
The price per square foot in Boston is rediculous and you are probably seeing the result of that. I would say it's a local issue.
 
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