Word: renting
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Area IV is so densely populated in part because of previously existing rent control laws which once made rents in this neighborhood the lowest in the city. This past year, rent controls were abolished, and rents for homes have been escalating since, threatening the welfare of economically-disadvantaged families...
With the loss of rent controls, which are only part of a series of welfare reforms, the house will likely play a role of special importance, but Myers is uncertain what this new role will entail...
...Between welfare reform and loss of rent control, we don't know what's going to happen in the future," Myers says...
Councillors debated whether to impose a transfer tax to assist citizens who may lose their homes because of the end of rent controls this winter...
...Campaign to Save 2,000 Homes, a tenants group, supports the tax as a means to provide for low-income households displaced by the demise of rent control, which was abolished by voters in a 1994 Massachusetts referendum...