Word: rent
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Dates: during 1960-1969
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...speaker's platform from lack of sleep, FDR Jr. is able to stay unruffled by dozing off as his campaign moves from one stump to the next. He has turned up some of the best issues of the campaign, including the embarrassing facts about O'Connor's anti-rent control stand in the state legislature in the early '50's and another anti-rent control remark quoted in "The Real Estate Weekly" this May. There are 1.5 million people in rent-controlled apartments in the City, making this a serious charge...
...words, to "pull back on some experimental work we've been doing in developing new markets." One pullback, for the time being: a market test in which Hertz had been making extra sports cars available to see how eagerly drivers with more funds and free time would rent them. Moreover, hard-striving Avis last spring pulled a march on its bigger competitor by accepting a takeover offer from International Telephone & Telegraph, which has the money and means to make Avis larger than...
Section 220 of the Federal Housing Act of 1954 authorizes the FHA Commissioner to insure mortgages of "high risk" projects if their goal is the elimination of slum areas. The Committee Report accompanying the law implied that these mortgaged projects should provide low-rent housing...
...reading the law literally, has underwritten the construction of many luxury buildings. Even if such buildings replace slums, they offer no new housing for uprooted residents, who must move to other slum neighborhoods. And some of the projects, like the Barrington Plaza apartments in a high-rent section of Los Angeles, are not even near blighted areas...
...building expenses, and begin to collect interest as soon as ground is broken for a project. The subcommittee should not miss the chance to force these reforms upon the FHA. Nor should the Senators neglect to hold the agency to the spirit of the law by financing only low-rent housing that can have a legitimate effect on urban slums...