Word: realtors
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Dates: during 1980-1989
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...next Cambridge municipal election remains more than a year away, but realtor Fred Meyer and a group of small landlords are already working to put a question on the 1989 ballot that would weaken the city's 18-year-old rent control...
...proposition first gained exposure--and met strong opposition--last fall, when it failed to snag a place on the 1987 ballot because the realtor and his allies fell just short of collecting the 3500 necessary petition signatures...
Meyer, however, said he did not have personal gain at stake because, though he is a realtor, he does not handle rentals. He said the only beneficiaries of the proposition are those with legitimate need for housing...
Although modest by local standards, the 6,500-sq.-ft. house has three bedrooms, a library, dining room, barbecue room, pantry room, two servants' rooms, a heated swimming pool and a three-car garage. Realtor Jeff Hyland says that since the land value of the plot alone could be as high as $3 million, "the house in a sense came for free." A furnished brand-new home two doors down from the Reagans' new abode recently sold for $14.75 million. "Reagan got the cheapest house in the area," says Hyland...
...only other attempt to create a referendumwas an attack on the city rent control system,which also failed to reach the ballot because itssponsor, realtor Fred Meyer, did not collectenough petition signatures. If passed, it wouldhave allowed rent control landlords to sell unitsto tenants of three years or more.City Councilor ALFRED E. VELLUCCI...