Word: landlord
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Justifying his definition of the term "fair net income" to mean between 10 and 15 per cent of the market value "We are required by law to insure the landlord some sort of profit. If you invest your money in a savings account of a landlord's property Cronin said, you get back six per cent. Ten to 15 per cent is a reasonable profit rate to expect...
Last week Cronin issued a statement which set the fair profit rate for a landlord at between 10 and 15 per cent of the market value of the property. Tenant groups throughout Cambridge have attacked this standard as one which will again cause rents to spiral. The Cambridge City Council has called for a hearing on the matter at 8 p. m. tonight...
...incident in question took place last December 11 at the Cunningham's home on 151 Putnam Avenue. Cunningham had been ordered evicted from his apartment for non-payment of rent. He had been sending his landlord, Herbert Brazzo, checks for only part of the rent Brazzo demanded, claiming that he was overcharged. The CTOC, of which Cunningham is member, had organized the demonstration...
...could start anywhere; let's start concretely. The hero is a landlord still living off rents; he does not work. He keeps a huge modern apartment full of luxury items which obsess him more than they divert him. He is imprisoned by conspicuously useless memory-laden objects-his wife's dresses, his own collection of sculpture and painting, the very size of his rooms. These keep him from understanding his life: they keep him thinking about surplus value subjectively and purely in itself, as Scott Fitzgerald might have said in a drunken Marxist moment...
...rally in front of City Hall demanding an end to all evictions and a further downward adjustment of rents. Within the CTOC there are varying degrees of militancy. Bill Cunningham, one of the leaders of the CTOC, hasrefused since May to pay the $25 rent increase that his landlord demanded. After three attempts his landlord has finally succeeded in evicting him, but it took twenty police armed with clubs to do so. The tall, gaunt Cunningham, who often has his children distributing CTOC handouts, appeared at the hearing Wednesday night just after his eviction. The CTOC came into the hearing...