Word: renting
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Dates: during 1950-1959
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...Quincy House, in which almost all suites are the same, is a strong argument for a uniform-rent system," Elliott Perkins '23, Master of Lowell House, said yesterday. "Otherwise, the Quincy rooms will have to be either priced out of the market or artificially differentiated...
...existing rent scale, however realistic it may have been in 1940, has been getting out of line with reality," Perkins noted. "Post-war overcrowding and percentage rent increases have resulted in a system which is all out of proportion...
...present, the Masters' considerations take on a double aspect. First is the question of room rates for Quincy, while the second in concerned with rent adjustment problems which will arise when suites are "deconverted" in the present Houses. The two are somewhat intertwined, as the number of deconversions will depend on how many upperclassmen are moved from their present quarters into Quincy next Fall...
Opinions on rent rates for the Eighth House are sharply divided between uniform prices for all rooms and a system of differentiation similar to the one which now exists in the House systyem. If the latter alternative is adopted, the problem immediately arises, how is such a differentiation to be made in a House which has no striking factors to set one room apart from another, except for the rather trivial ones such as view and proximity to the elevators that will eliminate the stair-climbing inconvenience which is a strong factor in present ratesetting...
...Manager of Operating Services, points out, the rooms are presently priced to meet operating expenses of the Houses. If a three-man suite is deconverted to accommodate two men, either these two will have to split the slack left by the loss of a third man, or the rent adjustment program will have to account for the difference...