Word: rent
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Dates: during 1940-1949
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Congressmen labored more effectively in committee rooms. One accomplishment was an agreement by House-Senate conferees on a bill to continue rent control until March 1, 1948-with qualifications. The bill would permit rent boosts of 15% over present ceilings, provided the landlord 1) gets a tenant's "voluntary" consent and 2) gives him a lease running through 1948. It would remove restrictions on commercial building (except for amusement and recreational facilities...
...Remove all rent controls...
...Said the Government would remove rent, export and credit controls "soon...
...would act only as a stimulus to private enterprise. With a yearly cost of only $143,000,000, it could produce in ten years 15,000,000 dwelling units, of which only 500,000 would be public housing. The W-E-T bill would help provide homes that rent from $30 to $50 a month, a fact which causes landlords and realtors who are enjoying inflated prices to look on the bill with fishy eyes. A whole bevy of pressure groups, including the American Legion, is trying to block Congressional action on the bill. But sufficient needling from a home...
...Approved a rent-control amendment sponsored by New Jersey's Albert Hawkes (and backed by the real-estate lobby) to allow landlords and tenants "voluntarily and in good faith" to agree on a lease calling for 15% rent increase, provided it extended to or beyond Dec. 31, 1948. Democrats objected bitterly that tenants would have to sign or face even higher demands and possible eviction early next year when all controls are scheduled to expire...