Realty group warns of inflation crisis throttling real estate
The National Realty Committee warns government money supply growth fuels high interest rates that shrink mortgage credit. It urges Fed action to curb expansion and supports two tax aids: $2000-$3000 per household into savings or bonds, plus mortgage investment tax credits.
MENTIONED IN THIS ARTICLE
National Realty Committee
NRC
Federal Reserve Board
Congress
Albert A. Walsh
New York City
Wise steps for condominium buyers says Moss
Joseph Moss of Nationwide Condominium Corp urges buyers to gather all facts before purchasing a converted project. he cites examining actual units, amenities, neighborhood, and reviewing contracts budgets and by laws with a lawyer prior to deposits or signing. He notes developers must ensure a viable community for long term advantages.
MENTIONED IN THIS ARTICLE
Joseph Moss
Nationwide Condominium Corp
Moss
Executive Towers
Phoenix
Rural Living Draws Americans From Cities Says Study
Big city crime and pollution push people to nonmetropolitan areas where growth outpaces cities. Grinnell Iowa shows a 5 percent four year rise as buyers outnumber sellers. Lower costs and better life quality drive the trend per Dr Edwin Thomas and census data.
MENTIONED IN THIS ARTICLE
James M. Woodard
Edwin Thomas
College of Urban Sciences
University of Illinois
Grinnell
Iowa
mid-America
Des Moines
U.S. Census Bureau
Thomas
IREM executive pushes housing rehabilitation nationwide
Vance C. Miller, CPM and 1974 IREM president, urges state and local governments to use administrative tools to preserve neighborhoods through housing rehabilitation. He notes rising rehab loans and calls for stronger codes enforcement and financial state support to speed acquisition and improve homes.
MENTIONED IN THIS ARTICLE
Vance C. Miller
CPM
Institute of Real Estate Management
Journal of Property Management
Miller
Congress
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