Word: rent
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Dates: during 1990-1999
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According to representatives from the Campaign to Save 2000 Cambridge Homes, the recent rent increases and evictions have been brought about by the termination of the "protected status" of low-income tenants by the Commonwealth of Massachusetts...
This status, which was extended to more than 1500 Cambridge households shortly after rent control was abolished by a Massachusetts state referendum in 1994, allowed certain low-income residents to avoid a sudden increase in rent...
...profits of large owners have increased greatly since the end of rent control," said Bill Marcott, a campaign spokesperson, in a press release yesterday. "They should not evict long term residents to make even more...
...With rents doubling and tripling since rent control ended, Taylor said, apartments in the city will increasingly be available only to people of means...
...This] won't continue without support for the former rent control tenants," he said, pointing out that many immigrant and minority communities have relatively low average incomes...