Word: reals
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Dates: during 1980-1989
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Section 3. Two-thirds of all the additional real estate tax revenues which may be derived from increased property values and increased tax valuations (resulting from removal from Rent Control restrictions under the foregoing Sections) shall be allocated by the City for (a) rent subsidies for tenants in existing rental housing, and (b) the production of new rental housing. The benefits allocated under this Section shall be distributed to applicants based upon demonstrated financial need, with preference given to long-time-resident, elderly or homeless citizens of the city of Cambridge, of low or moderate income...
...Real Thing...
...effect of what McCutcheon calls an "astronomical escalation of people" has been unaccustomed congestion, a 28% inflation of real estate values in just 18 months and a perceptibly upscale -- Washingtonians would say ostentatious -- change in the appearance and style of some of Seattle's suburbs. With that has come a tendency to tar California with guilt by association -- for damage to the environment, for fast-talking wheeling and dealing, and for the drug trafficking among offshoots of Los Angeles gangs in the blue-collar districts of Tacoma. California has also become a political buzz word. "Any candidate...
...long will the California rush continue? Real estate brokers expect the trend to intensify further before it subsides. A few immigrants, however -- just a few -- are turning around. Consumer finance representative Terry Maxwell, 35, and her husband John, 33, a wine-company salesman, brought their year-old child to Seattle from Orange County just five months ago. Recalls Terry: "We came here to try to live a simple life on one income. I wanted to be June Cleaver; you know, 'Honey, I'm ho-ome!' " But they soon became disillusioned by the surprisingly high cost of living -- including what they...
...There are bound to be some mistakes," Young predicted Tuesday afternoon. "It will be a real big asset if we can put together a solid team defense...