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Word: costly (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

...immediate problems caused by inflation and tight money, there are other, longer-term reasons for the trouble in housing. The home-building industry is like a sprawling Gulliver, pinned down by gremlins. The industry is snarled in a tangle of little, mostly local restraints that make houses and apartments cost more than they should. A modern Mr. Blandings who tries to build or buy his dream house often finds the experience turning into a bad trip. Among the difficulties that he faces...

Author: /time Magazine | Title: Business: WHY HOUSING COSTS ARE GOING THROUGH THE ROOF | 10/31/1969 | See Source »

...yesterday's materials and methods. U.S. communities operate under at least 8,300 different building codes; the provisions often conflict, making it impossible to standardize such items as the type of wiring, piping and plumbing. This not only inhibits architects and engineers from developing cost-cutting innovations (for lack of a big enough market), but often prevents builders from reaping the economies of standardized plans and production. Few other big industrial countries permit such a senseless riot of diversity. Code uniformity has helped Western Europe to pass the U.S. in making use of new technology, including precast concrete panels...

Author: /time Magazine | Title: Business: WHY HOUSING COSTS ARE GOING THROUGH THE ROOF | 10/31/1969 | See Source »

...high cost of conventional housing has spurred the development of a new kind of dwelling: the inexpensive, mass-produced "modular homes." This year scores of companies are bringing them out. Such instant housing consists of room-sized sections-generally 12 ft. wide and up to 60 ft. long-that are built, wired, piped and often decorated on cost-cutting factory assembly lines, then trucked up to 400 miles to a site, swung onto foundations by a crane, and fastened together. Builders claim that the modules are 10% to 25% less expensive than conventional houses...

Author: /time Magazine | Title: Business: WHY HOUSING COSTS ARE GOING THROUGH THE ROOF | 10/31/1969 | See Source »

Mobile homes have become the nation's main source of low-priced shelter. The mobiles come with wheels and a steel chassis, but once they are placed on foundations, few are moved again. Because they are factory built and beyond the reach of cost-boosting local regulations, mobile homes are cheap (average price: $6,000), if generally small (about 700 sq. ft.) and boxy. This year some 220 companies will produce 400,000 mobile homes, double the output of the industry only two years...

Author: /time Magazine | Title: Business: WHY HOUSING COSTS ARE GOING THROUGH THE ROOF | 10/31/1969 | See Source »

...cost of construction varies sharply in the U.S. For a one-story, 1,400-sq.-ft. wood-frame ranch house with a basement, it ranges from $16,125 to $26,300, not counting land. The following comparative figures for the same house were compiled by Milwaukee's American Appraisal Co. In most of the high-cost cities, builders use union labor; in nearly all the low-cost cities, they use nonunion labor...

Author: /time Magazine | Title: Business: Where Prices Are Highest and Lowest | 10/31/1969 | See Source »

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