Word: rented
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
After a month of rummaging through statistics, Federal Housing Expediter Tighe E. Woods was ready to explain what he thought Congress had in mind for the nation's tenants and landlords. To assure landlords a "fair net operating income" under the new rent-control law, said Woods, his area rent offices will take a look at the books of every house and apartment owner who feels that he should get more rent. Their requests will be screened through a new formula...
Owners of small structures (four dwelling units or less) whose net operating income from rents is less than 25% of their total yearly take will be allowed to boost their return to 30%. Example: A landlord takes in $1,000 a year in rents, spends $800 of it for labor, taxes, fuel, depreciation, etc. His profit is $200, so the Government will let him boost his rent enough to raise his profit from 20 to 30%. He will be allowed to raise his gross rents to $1,143, for a profit of $343. Owners of larger structures will be allowed...
...many landlords would win rent increases under the formula and how many tenants would pay bigger rent bills? It was too early to tell, said Woods. It would be several weeks before the first requests for rent hikes could be run through the mill. But one thing, said Woods, was clear: "Both landlords and tenants will be happier...
Then without warning, in a rocky cleft 88 airline miles northeast of Manila, the mountains were rent with the splat of machine-gun fire. Mayor Ponciano Bernardo of Quezon City stood up to shout, "Doña Aurora is in our party!" A slug from a Garand rifle brought him down...
Said Lepe, with thumbs hooked importantly in his vest: "Mr. Truman had better start paying rent or he will have to look for other lodgings." But Lepe's chances of turning out the President were not as good as his chances of finding the missing Ambrose Bierce, or Charley Ross or Judge Crater...