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Newspaper
Berkshire Eagle
Location
Pittsfield, Massachusetts, United States of America
Date
Jan 31, 1970
Page
3
Pittsfield residents discuss housing shortages and the rising burden of mortgage costs. Union Federal Savings & Loan officials note past rate shifts from 4 to 7 percent, with projections toward 10 percent. Mrs. Cancilla recalls 1950s figures and contrasts past affordability with today while emphasizing education and investment-minded buyers.
New York and New England face persistent housing shortages amid high interest rates and rapid growth in the 21 45 age bracket. Roy Wenzlich forecast rising wages and building costs into 1970, strong office demand, and a growing home buying bloc expanding to 1.5 million yearly by 1975. He noted mobile homes’ rising share under 15000, while George W Romney urged easing the credit crunch as inflation fights proceed.
The Berkshire County Board of Realtors dinner features Paul Fodder of First Agricultural National Bank speaking on the 1970 economic outlook and its impact on the real estate market. Ralph Scheuffler is to be installed as president at Lenox House, with officers taking office during the event. The page also runs a long House Doctor column offering DIY tips, home improvement questions, and practical fixes from insulation to roofing, with reader inquiries and expert answers.
A national CGSC group aims to upgrade glazing rules at state level to reduce injuries from unsafe glass in homes and buildings. The model bill targets hazardous locations such as sliding storm and shower doors and adjacent panels, endorsing tempered and laminated glazing and rigid plastics.
The enduring appeal of oak flooring stems from its natural beauty and flexibility. It fits any home style and room, works for wall paneling as well as flooring, and can be refinished many times in various ways.
Middlebury College student senate restricted off campus housing to an absolute minimum to ease a local shortage. The policy, to take effect September 1970, limits off campus living to married students or those with dean-approved reasons, with about 75 already approved.
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