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...rich get richer and the poor get poorer??€”a truism since the dawn of civilization—but nowhere more evident than in the Massachusetts housing market since the state abolished rent control in 1994. A short history lesson: for years the powerful real estate industry had wanted to end rent control, but real estate tycoons and wealthy companies looking to make even bigger profits were not exactly garnering sympathy. Enter a powerful public relations campaign, in which every elderly widow or recent immigrant dependent on renting part of their home to make ends meet was marched before...

Author: By Joe Flood, | Title: Thinking and Acting Locally | 10/30/2003 | See Source »

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