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The poor simply need enough money to pay fair market rents.
"Those who are wealthy enough to pay market rents should do so," the report says.
"I've been carrying them at below market rent while they try to get more money from the city," he said.
"If they do, it will have a real impact on market rents."
The true market rents, he said, lie somewhere in the middle.
They may need to charge lower than market rent to tenants.
And it will lease the building back to the company, at a fair market rent.
There was no hotel, but the little market rented a room in back to Jamie.
It is thus equally important to make sure the couple can afford to pay a market rent.
Market rents should be phased in, say over a 5 year period.
Their owners are also willing to pay more than double market rents.
The remaining 80 percent will be leased at market rents.
The family pays a market rent for the use of its private apartments in the house.
Effective market rents have been fairly flat in the last three or four years.
The market rents on those units, regardless of neighborhood, are higher.
And charging a market rent would have upset that balance.
City officials said they felt they got a fair market rent.
He insists that 20 percent of the new apartments be available to those who cannot pay market rents.
"The university has been carrying this tenant at a below market rent for some years," he said.
These units are internal subsidized to well below market rent.
In this case, market rents are used to estimate the value to the property owner.
Of those units, 125 are vacant or leased at market rents.
The owner will be entitled to an unregulated market rent.
The voucher would be based on "fair market rent" for the area, determined by the Government.
Market rents were high enough to provide an internal subsidy for 20 percent of the tenants.