Word: renting
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...says, Cambridge is a city dominated by higher-income, short-term residents. Much of his constituency has left Cambridge due to the increased cost of housing after rent control was ended by a statewide referendum in 1994, he says...
...Rent control] is not coming back, so the quesion now is, how do we move on?” Horowitz says...
While Horowitz doesn’t think it is pragmatic to talk about reinstating rent control, he says the issue needs reexamination...
...Some form of rent stabilization is necessary,” Horowitz says. “A tax incentive perhaps—there are different options. So far, nothing has been pursued. Concrete progress needs to occur...
...These prices reflect the costs of doing business—artists, who often pay for their studio recording time, seldom profit on an album. Record labels, which bear heavy promotion costs, usually make a dollar or two of profit per CD, as do the record stores, which must pay rent and salaries...