Word: rent-controlled
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...Senate Banking and Currency subcommittee, headed by Washington's Harry P. Cain, produced the pale shadow of a "rent-control" bill which would decontrol all rooming houses, and all cities with more than 1% vacancies, and authorize landlords and tenants to enter into leases at any figure agreeable to both. The full committee took one look and hustled the monstrosity out of sight until...
...ultimatum from his landlord. He could either buy his apartment for $10,000 or he would have to move out to make room for someone who would. When the tenant took his troubles to the Office of Rent Control, he found-along with hundreds of others-that the new rent-control law had a loophole. And landlords, chafing under rent ceilings, had found it. They could sell their apartments to tenants-or outside buyers-as "cooperatives," without so much as a by-your-leave from...
...sponsor of the national rent-control law, he had favored a "voluntary" 15% provision for the rest of the country. As a tenant of the Westchester Apartments, he and several other Senators were fighting a 17½% rent hike proposed by their landlord. The country's tenants would be watching Buck...
...rent-control bill was scarcely law before landlords pounced. Many a hotel promptly changed its permanent guests to steep transient rates. In Atlanta, one hotel slipped notices under the door at midnight June 30, ordering long-term tenants to vacate by midnight July 1 unless they paid by the day. Typical rate: a single room was upped from $82.50 a month to $7.50 a day ($225 a month...
Life in a Tree. Frantic tenants stormed the rent-control offices. After three boiling days, the Los Angeles acting area director wearily closed his desk for the weekend with a final word of advice: "Don't move. Stay where you are. Wait until your landlord takes your case to court before you obey any eviction notice...