Word: control
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Dates: during 1980-1989
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This election year, however, the debate has a different spin. With three of rent control's strongest backers retiring from the City Council, the future of the system could be in jeopardy...
More importantly, city residents will vote this year on Proposition 1-2-3, a binding ballot referendum that would fundamentally change the system by allowing some rent-control tenants to purchase their apartments after living in them for at least two years...
Supporters of the measure say it will give thousands of city residents an opportunity to buy homes, which they otherwise could not afford. But 1-2-3 opponents contend that the proposition would cripple the rent control system and dangerously deplete the city's stock of affordable housing...
...opponents say the referendum is deceptive because it claims to promote affordable housing while actually gutting rent control, its main component...
...Councillor and rent control advocate David E. Sullivan puts it, "Point 3 is essentially a dead letter. That particular fig leaf that the sponsors are using to cover up the other things they are doing is no longer available...