Home is not an investment says real estate outlook
The Telegram reports Carlton Smith quoting Lewis Eaton of the United States Savings and Lawn League that mortgage rates remain low in real terms and are a hedge against inflation. Yet rising taxes, heating costs, and maintenance erode homeowner advantages, with single family homes not a true investment despite rising market values.
MENTIONED IN THIS ARTICLE
Carlton Smith
Lewis
Eaton
United States Savings and Lawn League
America
Fatony
McGovern Denounces Nixon Wage Price Freeze as Unfair
In Cleveland at Chinpewa Lake McGovern calls the wage price freeze the most unfair economic package. He says it benefits the rich, harms the poor, and deters workers from striking. He urges selective freezing and broader actions on profits dividends and interest.
MENTIONED IN THIS ARTICLE
Cleveland
UPL
Nixon
Robin Hood
U.S
Georgeb. McGovern
Dmcgovern
Chinpewa Lake
United States
McGovern
Antarctic Ice Melt Could Flood Coastal Cities
Scientists warn that if all Antarctica ice melted sea levels would rise enough to flood coastal cities. One third of the Washington Monument would be underwater and the Statue of Liberty would be submerged to its nose.
MENTIONED IN THIS ARTICLE
Earth
Antarctica
Washington Monument
Riots End Fiesta in Santa Fe Police Fire Tear Gas
In Santa Fe police and National Guard dispersed a riot during Fiesta with tear gas and curfew enforcement. Hundreds witnessed clashes as 10 storefronts were smashed and 24 youths jailed for incitement to riot amid a large celebratory crowd.
MENTIONED IN THIS ARTICLE
Santa FE
Isluza
National Guard
Gav
Bruce King
George Gonzales
Santa Vezens
Fred Martinez
Martinez
Contrasting weather patterns across the United States
United Press International reports a split nation with cool conditions in the Northwest dipping into the 40s and 80s inland toward the Upper Great Basin and western Montana, while the interior Southwest basks in heat and humidity. Severe storms and flooding hit northeast Oklahoma with about 200 people evacuated in Tulsa. a Tulsa department store roof collapsed causing about 10 million dollars in damage.
MENTIONED IN THIS ARTICLE
United Press International
Northwest
Mercury
Pacific
Upper
Great Basin
Montana
Frni Dhe Great Lakes
Oklahom
Oklahoma
Tulsa
Tulsa Shools
North Miami Beach
Fla
Great Lakes
Ohio Valley
Alon
South Atlantic
Gul
Georgetown professor says men are the more fragile sex
Dr Estella R Ramey of Georgetown University Medical School told home economists that hormonal differences distinguish genders and that men are the more fragile sex. She added that men need wives, provoking a standing ovation in New York.
MENTIONED IN THIS ARTICLE
New York
UPI
Estella R. Ramey
Georgetown University Medical School
Washington, D.C
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