Word: rent
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Dates: during 1990-1999
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Much lies outside of town, too. Bikes are cheap to rent at one of the many cycle shops downtown, and mopeds are common as well. Once on wheels, head out to Something Natural, a bread and sandwich shop which sells exquisite baked goods. (Be sure to sample the Portuguese bread, also carried at the island supermarkets...
Turk says Harvard constantly makes capitalimprovements to buildings--a process which enablesthe University to petition the rentcontrol boardfor rent increases...
...Harvard Real Estate President Kristin S.Demong says rent control actually prevents theUniversity from recovering the money spent forcapital improvements...
...says Harvard Real Estate owns approximately700 rent controlled units, rents for which rangefrom about 50 percent to about 90 percent ofmarket value...
Reforms should include "making it easier tomake legitimate improvements [to property],"according to Demong. She says rent control shouldalso be means-tested to avoid subsidizinghigh-income tenants