Battle over land use heats up in federal and state laws
James M. Woodard explains how modern proposals aim to restrict land use by property owners, contrasting with early U S practice of granting settlers absolute title and decision rights. The piece outlines rising concerns that new laws would curb private control over land.
MENTIONED IN THIS ARTICLE
James M. Woodard
Copley News Service
Regulatory battles heat up land use and building rules
The text notes proposed federal zoning influence and a national building code, plus Clean Air Act amendments requiring EPA pre permits for parking facilities and limits on topsoil removal. Real estate leaders call these moves unfair, while auto industry cleanup extensions shift burden from Detroit. It also mentions a Justice Department suit against appraisal and mortgage groups for alleged Fair Housing Act violations and reports mobile home sales rising about 30 percent.
MENTIONED IN THIS ARTICLE
Congress
Detroit
Society of Real Estate Appraisers
American Institute of Real Eate Appraisers
U.S. League of Savings Associations
Mortgage Bankers Association of America
Miia
Buyers to Spend 180 Billion for Homes This Year
The National Association of Realtors reports about 180 billion dollars will fund more than 4 million home purchases in 1976. Of that total 125 billion targets 3 million existing units, while 55 billion covers just over 1.1 million new homes. Existing homes attract buyers due to price, location, and selection.
MENTIONED IN THIS ARTICLE
National Association of Realtors
Department of Economics and Research
Kenneth 5. Kerin
Kerin
S&L official urges new mortgage designs to help young buyers
Arthur Tonsmeire Jr of the National Savings and Loan League says fixed rate mortgages subsidize older homeowners, while 4.5 percent 15 year loans spell burdens for new buyers paying 9 to 9.5 percent. He supports regulatory changes and a Savings and Loan Commission for Change to spur innovation and curb credit crunches.
MENTIONED IN THIS ARTICLE
Arthur Tonsmeire, Jr
National Savings and Loan League
Savings and Loan Associations
Tonsmeire
Congress
National League
Senate
Savings and Loan Commission
Cash wedding gifts guide for buying a first home
A couple learns not to dip into wedding cash, advises saving in bonds or a joint account, and sets a household goal. They emphasize frugality, refurbishing cast-offs, and visiting housing options while building a starter home over time.
Apartment Owners See Income Rise as Expenses Surge in 1975
IREM based on 3,700 buildings in 144 cities reports higher income and rents for 1975 but much larger operating costs. Heating fuel costs jumped 97.7 percent 1973–75, utilities up 47.7 percent. payroll up 14.5 percent, maintenance 26 percent. Vacancies rose only in large 25+ unit low rises by 10.7 percent. overall net operating income per room up 2 percent while NOI as a share of gross income fell 2.5 percent.
MENTIONED IN THIS ARTICLE
Joseph L. Yousem
Ee of Real Estate Management
IREM
United States
Canada
Single Women Drive Arizona Home Buying Surge in 1970s
Investors Mortgage Insurance Co. researcher notes rising single women buyers in Arizona. From 1974 to 1976 the share of female mortgage applicants grew from 1 in 32 to 1 in 15. Women shoppers, mostly 25 to 31, increasingly pursue condos or single family homes with strong price gains and renovation willingness.
MENTIONED IN THIS ARTICLE
Arizona
Jackson W. Goss
Investors Mortgage Insurance Co
Boston
Investors Mortgage Group Inc
Goss
IMIC
Sigle
Oss
HUD shifts focus to reuse and rehabilitation of housing
HUD secretary Carla Hills says programs to subsidize rentals rehabilitate existing housing and subsidize modest mortgages are showing results though not dramatic. She cites reuse and rehabilitation as central, with Section 8 and CD block grants guiding the shift from new construction to upgrading existing stock.
MENTIONED IN THIS ARTICLE
Robin Maydeck
Copley
Great Society
Congress
Carla A. Hills
Department of Housing and Urban Development
HUD
Hills
Carla Hills
Robert Weaver
James T. Lynn
Also Mentioned on This Page
Land Use
Environmental Protection Agency
Justice Department
J.M. Woodard
Scottsdale (Az
Daily Progress
S&l
Savings and Loan Industry
Commission
Congressional
Federal Home Loan Bank Board
Washington
Vivian Brown
Associated Press
Scottsdale
Anyl
Kalva
EL Cha
Mara Henuies
Miller Agsd