From: Casey (cmanisca@hotmail.com)
Date: Sun Oct 26 2003 - 21:40:46 MST
Approve or disapprove? Your comments are appreciated.
I, for one, favor the concept and saw it benefit 2 communities in the greater Boston area; those being Cambridge (home to several
esteemed universities and numerous scientific-based research facilities and companies) and Brookline (home to one of the country's
highest ranking school districts). Obviously, it didn't meet with the approval of landlords and real estate developers. But, it
did afford both communities a more diverse population, school districts, and thriving businesses despite the complaints by many
(real estate developers and landlords; and with them, a small fraction of community leaders) that property taxes were not affording
those cities ample resources. After rent control was ended those communities began to suffer from gentrification. Old age
pensioners, lower income families, and people in their early 20's were soon forced to leave those communities because of the rise in
rental fees and monthly rents. All in all, the overall effect in those communities has been the closure of many local businesses,
the combined effects of yuppification (meaning that many young urban professionals have effectively displaced those who benefited
from rent control) and gentrification (the overall population has become homogenized regardless of race, gender and ethnic
differences).
Regards,
Casey
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