Word: landlordism
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...millionaire after all those movies. Not so, insists California's Republican Governor Ronald Reagan, and to prove it, said he could not scrape up the dough to buy the house he has been renting in Sacramento. His lease was running out, and the landlord wanted him to get up the $150,000 purchase price or get out by April 1. To the rescue came 14 citizens who bought the house, then leased it back to Reagan at his normal $1,250-a-month rent. California Democrats were so touched they organized a "Bundles for Reagan" campaign, urging people...
...landlord owning a rent-controlled building has a double incentive to allow maintenance to deteriorate: it lessens his operating costs, and it may help him to get rid of troublesome tenants to to be replaced by ones willing--in a tight housing market--to ignore the law and pay extra under the table for a vacant apartment...
...Permit rents to be raised 8 per cent per year at the most and then only if the unit meets the health and housing codes. There are three reasons a landlord can give to raise his rent: major capital improvements, a project of less than 6 per cent per year, or an increase in operating expenses or property taxes...
...establishment of a seven-man rent board to make the final decision on rent adjustments and landlord's eviction petitions...
...within the gilded confines of Harvard's residential houses along the Charles River, a few hundred students have moved into nearby slum tenements like the one on University Road where Jane Britton, a 23-year-old graduate anthropology student at Harvard, was murdered in January. The embarrassed slum landlord turned out to be none other than Harvard itself, and the episode only further embittered some citizens of Cambridge who were already resentful of the university's increasingly inflationary impact on real estate values...