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Trend Toward Condominiums Predicted by 1997
Americans still dream of home ownership but the future points to condominiums as the main housing form. HUD predicts half of all Americans living in some condo type by 1997, with buyers facing common-area ownership, assessments, and careful review of enabling declarations, bylaws, and budgets before purchase.
MENTIONED IN THIS ARTICLE
Louise Cook
Associated Press
United States
Department of Housing and Urban Development
Owners’ Association
HUD
Federal Housing Administration
National Housing Act
RUD
Consumer Information Center
Pueblo
Colo