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...real needed reform of rent control in Cambridge is being obscured by the misleading questions about tenant's income, the tax consequences for controlled versus non-controlled properties and City Councilor Bill Walsh's proposal for "dedication" of controlled units to low- to moderate-income tenants--a proposal best understood as vacancy decontrol...
...fact is that many alleged "reforms" of rent control do not recognize or address this problem. Instead, they are attempts to gut rent control in the name of reforming it. Councilor Walsh's proposal (The Crimson, October 18), is a glaring example. While questioning what kinds of tenants by income or occupational status should be protected and targetting less than half of presently controlled units to poverty level tenants though vacancy decontrol, the Walsh package misconstrues the intent of rent control, and tosses yet another red herring in the path of real needed reform. Under the Walsh plan, the approximatley...
Would Walsh's package actually help more low-income tenants than are protected now? Media accounts of the proposal and the councilor himself at an address to the CCA Board on May 15, 1986 stressed that 30 percent of the currently rent-controlled units would remain "dedicated" to low-income tenants. At that meeting, Walsh did not have an impact analysis--how many units would be "dedicated"--or a rationale for the 30 percent level. A preliminary analysis of the CCA indicates that the proposal would dedicate only 20 percent of the approximately 14,800 non-condo, rent-controlled units...
What is the real intent or impact of Councilor Walsh's proposal? Who will it benefit? Who will pay the costs? When pushed, Walsh has pointed to the expanded opportunity for homeownership made possible by vacance decontrol of 70 percent of presently controlled units. Clearly, a prospective resident or an absentee owner with a downpayment and an income large enough to carry a huge mortgage can benefit. Clearly, a landlord or a condominium developer can benefit as rents double or triple to market rates or condos are sold to the wealthiest buyers. Clearly, the real estate brokers can benefit...
Long-time Cambridge City Councilor Alfred E. Vellucci says if O'Neill had run, she would have won, "and they'd have had the first woman Congressman in this district." O'Neill's Italian heritage--her maiden name is DeMartino--would have appealed to the Eighth, one-third Italian, Vellucci says, but when he tried to convince her to run, "she just flashed a big, pretty smile...