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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 25, 1938
Page
3
Babson Park Florida February 25 Roger W Babson argues the Housing Act will not on its own spark a building boom. He cites high financing costs and taxes hindering home building while prefabrication could lower material and labor costs though real estate codes zoning and financing remain obstacles.
The piece argues factory-made homes could lower prices to mass market levels, but antique building methods keep costs high. It criticizes unions for hindering productivity and calls for reform via annual wages or maximum hourly rates on public works. It notes the Housing Act has limited impact beyond cutting financing charges.
The author argues that when building becomes cheaper than renting, more construction will occur. A decade of sub normal activity has created a rental shortage with rents up 41 percent since January 1934 while building costs rose but recently eased. He predicts 1938 construction to improve markedly in the latter half and nearly match 1937 overall.
Police Superintendent Samuel W. Gearhart ordered officers to decline gifts and banned accepting free apples from a local peddler Tony. The note frames a somber holiday mood and local policy. Visitors to Florida spend between 200000000 and 300000000 dollars annually.
Between January 16 and February 15 over 2,000 North Carolinians paid $2 penalties for failing to transfer vehicle titles within 15 days. In High Point, 74 penalties totaled $148. The 1937 law set a $2 penalty for late transfers, effective January 1, with enforcement starting January 16.
Self-construct, Prince Frederick Md reports David Lewenberg a 300 pound shoemaker pursues a reducing campaign cutting meals to two pounds beef three pounds potatoes three quarters loaf bread and nine eggs. He may drop to six eggs if needed. The article also notes garden snails eyes at stalks with flexible reach and retractable vision.
J. E. Amos was appointed to represent High Point on the national committee for estate taxation, replacing the late J. W. Clinard. Henry Koonts, president of the High Point Real Estate Board, announced the selection. The committee includes real estate board representatives to study taxes and ease the burden on property owners. My Y. Cooper, ex‑governor of Ohio, now active in Cincinnati real estate circles, chairs the panel composed of board members from across the country.
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