Harry Truman actually said...

At the same time, we should continue the present policy of granting the landlord all justifiable increases in rent.

But while we have made progress in reducing the coverage of rent control and can look forward to further progress, the time has not yet come...

Removal of controls would mean serious hardship for millions of tenants who are caught in a 'seller's market' and cannot obtain lower rents ...

The housing shortage will still be acute.