Rhiannon D'Angelo watched the rising tide batter the condos at the end of Union Wharf in the North End around 11 a.m.

Investors are snapping up condos in the heart of Boston like nobody's business, and Mayor Walsh's proposed regulations wouldn't do enough to stop them from squeezing out people who actually want to live in the city, according to a study by a consortium of neighborhood groups. Read more.

Councilor Lydia Edwards (Charlestown, East Boston, North End) today proposed taxes on property speculation as a way to keep Boston from becoming another Manhattan.

Read more.

The Supreme Judicial Court ruled today that developer-written condo-trust provisions that make it impossible to sue the developer for construction-related problems are illegal. Read more.

In his inauguration speech today, Mayor Walsh announced a four-year, $10-million fundraising effort to build 200 units of "supportive, sustainable, long-term housing for chronically homeless men and women."

The fund has been launched in partnership with Pine Street Inn and Bank of America - which donated $250,000 to the effort.

WBUR reports on the opening of its sales office.

The City Council yesterday approved a measure that would require landlords of larger buildings to have a specific reason to evict tenants - and to notify the city, so it could alert tenants to their rights, WBUR reports.

Back to school shoppers will soon be out in force looking for bargains as September approaches. With many options, including online sales, getting bargains on clothing, shoes and supplies is easy. When investing your hard earned money, things get a lot trickier.

Steve Garfield surveys part of the line at the DPW facility near Millennium Park in West Roxbury today. It runs through 2 p.m. (Boston proof of residency required).