Word: risen
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Dates: during 1970-1979
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...rate on Deane's loan has been going up and up; last week it reached 17.75%. The people who had been assured of mortgage loans are no longer certain that they can get them, or afford them, at the new rates. The space he hopes to sell has risen by as much as 50% in value over the past two years, but the costs of sitting on 56,000 sq. ft. of a largely unoccupied building have eroded his potential profit when he gets the building finished...
Other investment metals have been better buys in the past year. Platinum, at $5 10 per oz., has risen by almost 75% since last October. Silver, at $15.92 per oz., has nearly tripled, largely because investors have been buying it as a sort of poor man's bullion...
Precious stones are also being snatched up, though unwary investors can lose disastrously. In the past year, high-grade "investment diamonds" of one carat or more have risen 45% in value and now often sell for $31,000 per stone. But smaller and flawed gems, which are normally sold only for jewelry to hide the imperfections, may be poor buys; four quarter-carat, lesser-quality stones are usually worth much less than a single good-quality, one-carat stone...
...enough to offset the latest price increases. For poverty-line people and the elderly, the situation can be desperate. In Morrisville, Vt., a welfare mother of four made headlines by ripping up the front stoop of her mobile home to use as firewood because oil costs had risen beyond her reach...
Estimated costs for the twin-reactors, which the Public Service Company of New Hamphire will operate, have risen from less than $900 million to $2.5 billion since construction began...