Word: rent-controlled
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Jonathan K. Walters '71, a third-year Law School student and Harvard Legal Aid Bureau member active in local rent-control issues, told a public hearing audience of 200 people November 21 that board members Alfred Cohn and Paul Watkins own rental properties in Cambridge and therefore have "a direct pecuniary interest" in the board's decisions...
...cities with a vacancy rate of 5.5% or less-which would affect nearly every major metropolitan area. Landlords in such cities would be limited to rent increases of 2½% or less annually, plus amounts to cover higher taxes or other costs. Another amendment that would have mandated a freeze in interest rates was defeated by only five votes. The Administration had been counting on the House to cut out the rent-control provision, but last week Republican members of the House Banking Committee privately warned John T. Dunlop, the President's Cost of Living Council director, that...
...Superior Court issued a temporary restraining order last Wednesday that will allow the rent-control administration to continue operation until the Superior Court makes a final decision on the legality of the order to abolish...
Following a moving account by Patricia Dunwoody, resident of an eight-family apartment building at 210 Columbia Street, relating how her heat and hallway electricity had been turned off following a rent-control hearing yesterday, Vellucci stood up abruptly, called a five-minute recess, and returned with the news that the heat and electricity would be turned on immediately...
...Such an exorbitant rate," Cunningham said, "is designed only to increase rents for the profit of landlords and is a direct violation of the 'reasonable profit' clause of the Massachusetts Rent-Control...