Word: percents
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Dates: during 1980-1989
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...Bender and her cohorts say that approving Proposition 1-2-3 would not even help tenants purchase their apartments. Proponents of the referendum argue that the apartments would be sold perhaps as much as 50 percent below the market price because each apartment would have only one possible buyer. But a study sponsored this summer by those opposed to Proposition 1-2-3 concluded that significant discounts are unrealistic...
...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...
...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...
...Cambridge realtor Frederick R. Meyer--Proposition 1-2-3's author--argues that the 50 percent figure is an accurate one. He says Dober's study has a false premise, adding that the Kennedy School student calculated figures in an unorthodox way, resulting in misleading statistics...
Although civil RICO lawsuits total less than half of a percent of the federal civil caseload, the statute's civil provisions draw some of the heaviest fire. "The imaginations of prosecutors in drafting RICO indictments are at least restrained by the Justice Department," explains University of Texas law professor Michael Tigar, "but the imaginations of plaintiffs' lawyers are not similarly restrained." What encourages the creativity, says critics, is the possibility of obtaining treble damages and the enormous leverage of labeling an opponent a "racketeer." The result has been a widening array of civil RICO lawsuits, from common commercial litigation...