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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - August 18, 1972, Lethbridge, Alberta _ THE IETHBRIOGE HERAID Fiictay, Auguil 18, 1972 Developers monopoly of land may push prices up i civ il TII n tl t. o M ft.VflQ lly CAUL MOU.INS OTTAWA (CD A neiir-mo- nopoly of land for housing ex- pansion in most major cities uy n handful of corporate (level- opcr-lmilrters threatens to pusli up ttic price of homes even more rapidly in future, says a hitherto-secret government study. The report of a special inves- tigation housing costs, con- ducted for the federal urban af- fairs department and tiie gov- ernment's Central Mortgage and Housing Corp., was issued in full for the. first time Wednesday by New Democrat loader David Lewis. The 751-page report, com- pleted early this year by a team under Toronto law profi-s- sor Michael Dennis, concludes that the federal housing admin- istration is confused and lax, says most municipal govern- ments have been slipshod, blames vising home costs LOYAL ORDER OF MOOSE SOCIAL and DANCE Saturday, Aug. 19, 9 p.m. Moose Hall Music by BRIDGE TOWN TRIO MEMBERS ond INVITED GUESTS orporalo speculators and says ow-income Canadians are the main losers. An abbreviated version of the report was issued last month >y Urban affairs Minister lion nsford. In a lahle bnsed on informa- tion provided by CMHC itself, the study shows Hint in each of a dozen cities the top half-dozen corporate developer-builders in the area dominate land for fu- .ure expansion. HAVE WANT MONEY "The builder's lobby 11U- Housing and Urban Development Association of pressed CMHC anil the minister for (lie past IB months to provide loans to builders to open up and service new the report says. "They argue that high prices result from a shortage of sup- ply and that if they are given the necessary funds and allowed to move ahead freely supply and demand will move closer to a reasonable bal reducing the rale of rising homo piices. "Given existing patterns ot aralliokling, this Is extremely unlikely." If Ilic funds of taxpayers were provided to service and de- velop Ihe land for housing, "why should the advantage of that added value accrue to pri- vate interests, who hnvc done nothing more than purchase and hold Ihe Specifically, Ihe report lists lamlholdings by the six major local developer-builders in each of a dozen pro- vided by CMHC. The landholdings. mostly un- identified by corporate name are compared to CMHC esti- mates ot the area ot land that will he required by each city for expansion in the next dec- ade. COULD MEET NEED For example, CMHC esti- mates (hat in Calgary, acres of land will required for housing expansion in the next 10 years and the six lead- ing developers in that city con- trol acres of land for po- tential expansion. In Toronto, an estimated COO acres will be needed for ex- pansion and Ifl.OOO suburban acres are held by the lop six developers. In Vancouver, acres out of the needed are held by the top six. In Halifax, devel- opers hold out of iicres likely to lie required. In Victoria, the lop six hold none of the acres needed and In Montreal the fop six have one-quarter of the expansion acres required. Tlio study says that estimates the holdings by the top six peculators in each city "are undoubtedly undereslimatci they do not cover land lick in trust for the developer or in liter corporate names." IGHT MONOPOLY Other cities, with amounts re uired for expansion and lam. eld by the local top six: SPEEDY STORAGE and CARTAGE LTD. 2345 2nd Ave. A North 327-5734 NOW OFFERS Daily Calgary to lethbridge 40' flat deck trailer service Check us for the best prices Free forklift unloading for full palletized loads TO Lethbridge "SPEEDY HAULS IT ALL" E (I in o n t o n ft.VIIO ncrc iccdcd, held by tlio to ix; Lotulon, Onl., an ,820; Ollawa-llull, 1111 ,000; Winnipeg, Windsor, Onl., am ,500; and The report says tlio extent o monopoly is tighter lliiin Ilio comparisons Indicates in some cities. "It must be stressed thai the loncnnlration of landholtlitiji in n small number of very pow- erful holders is a new plicomc the report says. 'It (Iocs not explain Hie land-cost increases of the pas two decades, which have suited from Hie pressures o growth and inadequate mimic pal finances. "But it lias been important i Hie last five years and doc pose tlio real tlircat of eve greater rates of increase in the future. A small number of firms can now determine llic pace at which land will be serv- iced." Entertainment briefs BRUNICO, Italy (Router) 'ranch actor Pierre Brasseur died here while making a film vith Italian actor Alberto Sordi. Brasseur, OS, starred in Mar- cel Game's Enfants du ?aradis in 1945. HUDDERSFIELD, England (AP) Movie actor James Mason's father left the star nolliing in his will because he doesn't need the money, but the old man said he was proud of his son's success, John Mason, a rcured cloth merchant, died Jan. 24 at the age of 02. He left the bulk o his estate of to soas and Edward. ST. LOUIS (AP) Acl Ann Miller was reported to be progressing well from bruises and abrasions of her back, leg and head which she receivct Monday night when she wa truck by a boom at the St. ,ouis Municipal Opera. Miss Miller wax appearing in he musical production of Any- K Goes when she was hit by he boom late in the first act, cancelling the performance ilonday night. BAN WIGS SINGAPORE (Renter) Foreign artists cntcrtaininf! here arc forbidden to wear long wigs or to fraternize with pa- Irons at the places where they are performing, under a new government regulation Ushed here. Also, the owners o local hotels, nightclubs and res taurants have to sign a jontl tor each foreign enter tainer they employ. 'Hie rcgu lation was seen here as anotlie shot in the government's cam paign against the hippie cu ture. 1TV HIGHLIGHTS; FJHIMY MOVIE: Tlia 25lli Hour, 8 p.m., Ch. II: Tlio focus Is on a Romanian peasant falsely singled out as Jewish and .sent to a Clcrman labor camp. Anthony CJuinn and Virna Llsi hcadllne-the cast. MOVIE: Story of n Woman, 8 p.m., Cli, 13: A lovs story that cenlrcs on a diplomat's wife whoso marriage is threatened by an unexpected encounter with an ex-lover. Robert Stack, James Farcntino and Bibi Andcrsson star. COMEDY: All In the Family, 9 p.m., Cli. 0: A repeat worth seeing as Archie discovers that Edith once spent a weekend in the country with another fellow. He turns various shades of green. DRAMA: FBI, 10 p.m., Cli. 13: motive Is the mys- tery in tliis episode about an extortionist who takes a puz- zling delight in taunting his victim. Frank Converse and Andrew Prine star. MOVIH: Major Dundee, 12 midnight, Cli. 7: A cavalry officer sets out to rid New Mexico of Apaches. Charllon Hestoa and Richard Harris In the starring roles. SATUUDAY TENNIS: Canadian Open Championships, 12 noon, Cli. 7: Final match In the women's singles competition, live from Toronto. BASEBALL: American League, p.m., Ch. 0: The Boston Red Sox and Chicago While Sox, both in the pen- nant scramble, tangle in Chicago. GOLF: United Industries 3 p.m., Ch. 9: Third-round play in the event from Kutlon, Mass. Jack Nicklaus, Lee Trcvino, Arnold Palmer and most of the big stars are entered. SPORTS: Wide World nl Sport, 3 p.m., Cli. 11: High- lighted arc stock car racing, a review of the 1068 Olympics and Grand Master Larry Evans analyzes ttio Fischer- Spassky world chess championship. PHILCO 1973 Premiere Showing and EHO TODAY and 19-4-H BUILDING EXHIBITION GROUNDS OPEN 9 a.m. to 9 p.m. DAILY Model 26" Enjoy oil of the Philcomatic 1 perfor- mance benefits in a full coniolo cxociu- lion finished in rich walnirt. height vricllh depth PHILCO CLEARANCE 699 WIN A FREE TRIP FOR 2 TO LAS VEGAS and CASH FREE COFFEE and DONUTS MANY, MANY MORE PRIZES FAIRFIELD APPLIANCES TV SALES LTD. 1242 3rd AVE. S.-PHONE 328-0082 Model 26C330WA, size 26" A combination oF infricale engineering ond fine cabinetry is achieved in this :ontemporary walnut finished color set. Height 31 depth PHILCO CLEARANCE 599 Model 19C305WH, size 19" This compact color sot is a truly con- temporary color porrable styled in strik- ing to enhance any decor. Height Vr-idth doplh PHILCO CLEARANCE 479 ANGLO'S Radio TV Listings Programs ere listed by Ihe radio and tthvUlon Halioni, Any variation in program ichaduti It due to Icil- rnlnute changes by Ihe station! and li not the respon- sibility of Ihe Herald or Anglo Distributors Stereo and Photographic Centre. FRIDAY NIGHT 03 Davo King DO j acii Ntkjfcld FRIDAY NIGHT World Six John Request Lino John Char CHEC Paul Teller SATURDAY 6: CO Buryl Clark k CJOC -k a.m. Terry Vogt Barry Stow Hews Thyi SATURDAY soccer Results Hew) Sporis News, Wttir, Sportl Mewl MOM. THRU SAT. Don MacMiairer Concern (8ob CHEC FM Hourly Wthr. Half Hour Conilft) 3; 00 Don Don tfedman Sign O1I Radio 1010 Calgary FRIDAY NIGHT Solo THs Co Home Run Banging Batfc Iha Pflrl {l> Vf'orld al Six Fuluia As II Happen! Ucwi, Wlfir. 8-D3 The EnlerralneM Sign Off Ncwi, Sport, Wlhr. SATURDAY From th. C.pllal. Five Nights a correspenls ter The Pcopli Nolicc Board Slog Sound or Slrlngi Our Native Land Comedy Family FavorlUi Opera TlniB Tho and Sporl Idcntillei CtCC if CtCC over Cablevision Cli. 7 Monday thru Fndny Hourly Wcalher Half Hour 7 M Carol Osvld Obtrg John Newi News DOUJJ GoMcn This Summer Take A SONY 9" Portable TV On Your Camping Tripl Other sizes in portable also in slock. ANGLO DISTRIBUTORS Steteo and fkotoyiaphic Cenlei 419 5th St. S. Phono 328-6661 "WE PERSONALLY SERVICE EVERYTHING WE SEU" Br.y Tumhlr-jvfirrt CJOC-TV Channel 7 (Ctiblevislon Ch. 6) FRIDAY UnlouchaUM Trulh rr NevH UJ fonstQuencM W Tommy Hunler SpUern' CFCN-TV lethbrldgo Channel !3 iCablevlsion Ch. A) FRIDAY Family Affair Mews Id ri-30 Real Ihe ClxX D.A. Movie: t n 'Woman (c) 10.00 f'fll tc) 1 [Je- Plei Mn Gp Mo Prof.ina Tennii SATURDAY Widft TJxiuohl lor Rocky and Meids Newt KRTV Grear Falls Channel 3 (Cablevision Ch. FRIDAY B-00 V3Q fc> Tonlflht Ths r.hllrtrr I Arn Tonlflht SATURDAY CGF Telecourit Hiirlftrn PIgton Globclrotltr-s ir] Thfll Tock Hair Dear Dunnh Rome (c) All In I ha Family Arttiio Newi (O Joile nnd KFBB-TV Great Channel 5 (Cablovtslon Ch. U) FRIDAY Movie: Plcavso'l Curlr.sily Shop (c) Film i (c) 13-M Rfl'.ehsll U.I.I- fr) Danger It Binincsi tc> News llffr Password S.M (c) Uowt Family Icl 2Slh HO' (Cl Orfrt Coupll Kewi SATURDAY tJev.i 6iOO Jorry I.ewH dJO RCArl Runner PrVinlo A no'rvHched (O Jorny Lancelot Llrik American Barul'-iard Roller GnniCi VAirlJ of (c) TDA ;