Word: renting
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Walsh, who was also acquitted of 18 other counts of fraud and conspiracy, is one of nine city councillors who represent all of Cambridge's citizens, including Harvard students. Walsh, one of four Independents on the city council, is an opponent of rent control and thus receives much of his political backing from Cambridge's landowners...
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...
...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