Word: rent
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Dates: during 1990-1999
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Alex Potente, a third-year law student doing a separate study of rent control's impact on the Cambridge area, calls the methodology used "quick and dirty...
...Potente acknowledges that the numbers may reflect an accurate representation of higher rents in the housing market as a whole--not those that come simply about as a result of rent control...
Potente noted that the city's rising demand for market-rate housing could contribute to such a high increase in rent. With its proximity to Boston, high-quality public schools, relatively low crime rates and growing number of swank watering holes, Cambridge is quickly becoming one of Boston's most desirable communities...
Advocates of low-income housing also have proposed a new 1.5 percent fee on all sales of residential property and a major bond authorization, in order to fund the non-profit purchase of former rent-controlled buildings...
...corporation is a subsidiary of Just-A-Start Corp., a non-profit company that has guaranteed no new rent increases for the next two years and has assured long term afford-ability for the low-and moderate-income tenants of the building...