Word: dober
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...That was an argument based on rhetoric and not too much else," says Kennedy School student and study author Patrick J. Dober of the discount theory. In fact, Dober found, the average discount 1-2-3 would give tenants is a mere 8 percent...
...Dober based his study on the premise that the first part of 1-2-3 would place tenants in a position similar to that of tenants who lived in rentcontrolled apartments before the city's Removal Permit Ordinance...
...examining the purchase price paid by pre-1979 tenants for their apartments and comparing it to the estimated market price, Dober came up with the 8 percent figure...
...while Dober admits that his study may contain some flaws, he defends his methodology and calls the study the only available empirical data on 1-2-3's effects...
...whole angle on this is that there's been a lot of rhetoric, but this is the only study that's based on actual data of what the market would be," Dober says...