Word: landlords
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...Rent Control Board has five members: one single family home owner, two tenant representatives and two landlord representatives. representatives...
...some areas, the landlord is actually losingmoney. Those are the units that the adjustmentswere aimed at. But the increases will now affectareas that where the landlords are already makingvery large properties," said Martinelli...
...tells her that he lives in a three-room house with 13 other people, five of whom are small children. One of the children has lead poisoning. The landlord is trying to evict the group, but the refugee doesn't have anywhere to move. He speaks no English, and is afraid that he's going to be fired...
...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 as market rate rental units will double in number and/or condos are sold with ensuing broker fees...
...more per month for old, small apartments will see the small supply of affordable rental housing in Cambridge disappear immediately. Essentially every tenant above the poverty income level will see his rent increase drastically despite no correspoonding increase in costs to the landlord or increase in the quality of the unit...