Word: rent
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Dates: during 1960-1969
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What Cambridge needs in more housing, particularly more law rent housing, to relieve immediate needs, but also higher cost housing to avert such potential pressure on the present low-rent stock. Rent control should be considered in the light of its effects on the overall housing stock of the City, and effect, at least in the long run, is likely to be negative...
...Compete for rent-controlled apartments, thus increasing the incentives for landlords under rent control to evade...
...Find an apartment not under rent control, and outbid the current tenants of that apartment...
...course, difficult to say exactly how much of the increased burden would fall upon Cambridge, and how much upon other cities, particularly when it is not clear how many housing units in the City would fall under rent control and how many would remain exempt. The pressure on housing created by the lack of new construction would flow in many directions, but in any case this stagnation would have important implications--ones seemingly ignored by the referendum campaign--on the cost of all types of housing available in Cambridge...
...that rent control can remain indefinitely in effect in Cambridge. The state's home rule provision limit its duration to four years. After that, the law must be renewed. Though the rent control referendum has remained generally quiet on the subject of renewal, the strong stress their literature places upon rent control as a solution to the housing problem, and private comments on the possibility of renewal, indicate that the campaign envisions an attempt to keep rent control in effect for a long term. As such, it is clearly a misguided effort...