Cost cutting in housing hinges on tapping national forests
The New York Times reports three housing booms sparked by demand and lumber price surges. Officials urge increasing timber from national forests by about one billion board feet to reduce costs, despite budget, environmental, and wilderness concerns. The Wage Price Council and Federal Reserve leaders back expanded forest harvest, with a Carter two week deadline for a formal reply.
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New York Times
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G. William Miller
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National Forest Service
Wage Price Council
National Forest Products Association
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