Word: sternlieb
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Dates: during 1970-1979
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...seem to captivate more and more middle-class tenants. To them, rents are an easily identifiable and ever increasing part of their budgets, even though the rent component of the Consumer Price Index since 1967 increased only 71%, while the CPI as a whole went up 107%. Says George Sternlieb, director of the Center for Urban Policy Research at Rutgers University: "Such people know the evils of rent controls. But in view of their immediate concerns, many have adopted an attitude of 'I'll worry about posterity tomorrow...
...cities, the cycle is as depressingly vicious as it is familiar. Businesses decamp; the young, the middle class, the skilled, the well educated flee; the tax base erodes. So taxes go even higher, driving out still more productive, wage-earning families. Says George Sternlieb of Rutgers University's Center for Urban Policy Research: "We have no experience in shaping decline. No graceful way of shrinking a city. We don't know what to do with people left in a city for whom there are no job opportunities." Although the solutions are elusive, it is clear that the cities...
More immediately, higher taxes will drive middle-class people and businesses out of New York. "This migration has been going on a long time," says George Sternlieb, an urbanologist at Rutgers University. "Now the flow is a stampede." In the first nine months of 1975, the city has lost 193,000 jobs...
...normally unwilling to lend to prospective builders in rent controlled communities. In Cambridge, there is no incentive under rent control to make capital improvements such as kitchen modernization or any major renovation. Burned buildings are left to rot; renovation simply isn't worthwhile under rent control. Even if George Sternlieb's picture of housing deterioration is somewhat exaggerated. It is difficult to escape the conclusion that rent control's discouragement of both new construction and renovation must lead to a progressive outmoding of the housing stock...
...each case individually, rent control is run by an unpredictable, bureaucracy floundering in vast amounts of red tape. In the Harbridge House's (taken from projections made by the Rent Board), the average delay between application and final decision on a rent increase in Cambridge is six weeks. The Sternlieb report cites a figure of five and a half months. In either case, by the time an increase has been granted, inflation may already have rendered it obsolete...