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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Jul 26, 1919
Page
2
City real estate dealers report daily calls for homes they cannot fill and note a rapid need for several hundred new houses. Despite high materials and labor costs, merchants say business is strong and demand for moderate rentals remains unmet by current supply.
Financial experts state the present price level is the new normal due to continuing war debts and currency devaluation. Banks will lend for building with confidence, urging firms to plan up to date designs and award contracts now to avoid expected price increases and potential losses.
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