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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 04, 1939
Page
8
A real estate tale argues ownership beats renting by showing a couple who bought a $5500 home with $50 monthly payments. The elderly seller notes his 15 years of payments cost about $9191.73 plus taxes, versus rent paid, and factors in interest rates and taxes. He concludes buying saves money over time while noting ownership carries risk and intangibles.
A survey by Security-First National Bank of Los Angeles finds 98 percent of FHA loan owners would recommend the plan. Homeowners express satisfaction with security, pride of ownership, and room for improvements, while some prefer ownership to renting and question rent payments. The report also notes call for wider street setbacks and minimum building-line rules.
Modern merchants use glareless lighting to attract customers. Spot lighting highlights featured merchandise. The FHA Property Improvement Credit Plan allows financing from lending institutions for permanent store improvements and repairs.
FHA officials urge extra width for corner lots to ensure free space around dwellings. Land planners advise increasing lot width by at least the amount of the side yard setback on the street side, given a typical five foot side-yard rule.
Federal Housing Administrator Stewart McDonald argues vacant downtown lots can host large scale rental housing if zoning laws and building codes are changed. He says areas must be rezoned to create proper neighborhood characteristics and avoid ad verse factors, with infrastructure already in place for long term investment.
Federal Housing Administration officials say a modest yard can be beautified for about 100 dollars with shrubs trees and a good lawn on a 50 by 100 foot lot. Funds may come from lenders under the FHA Property Improvement Credit Plan.
Screen doors and window screens require attention at least twice a year. They should be renovated and put up in the spring and removed and prepared for storage in the fall. If a good grade of screen wire has been used and the screens cared for, the work is minimal. The Federal Housing Administration insures loans for purchase and installation of screen doors through its Property Improvement Credit Plan.
Over twenty years the gasoline tax has cost U S motorists about eight billion dollars. This summary notes the long term fiscal impact of the tax without additional context.
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