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...Sky-high war wages and a drastic short age of dwellings are responsible for sky-high prices. But the would-be homeowner wants a home for his family, whatever the cost. During the first half of 1944, average prices for all types of real estate were 12½% above the 1943 level, with some industrial areas reporting a wartime rise in private dwellings of 54% and up. For example, one Los Angeles house that sold in 1942 for $7,850 brought $15,500 last winter. In Pittsburgh a man bought a new house for $10,000 last summer, sold...

Author: /time Magazine | Title: REAL ESTATE: Houses to Live In | 7/24/1944 | See Source »

...pension boom was directly related to the sky-high U.S. taxes. It began at the time the first whopping wartime tax bill was passed, in 1942. Up until then, pension plans were relatively rare; in the entire U.S. there were only 400. In the last two years pension plans have spread at the rate of over 200 a month, and in most of them, the corporations foot the bill...

Author: /time Magazine | Title: MANAGEMENT: Boom in Pensions | 7/10/1944 | See Source »

...whole picture. They argued that U.S. corporations are approaching a managerial crisis. In the main, they have become too big for one-man ownership or operation. They must shop outside for top-drawer talent, then offer a substantial inducement for that talent to stay put. With sky-high taxes, sky-high salaries alone are no such inducement. The best inducement is to give top men a chance to build up what Wall Street calls "an adequate capital position," i.e., make more money...

Author: /time Magazine | Title: Business: How Much Incentive? | 6/5/1944 | See Source »

...competitors" but 2) "this objective cannot be . allowed to ... hold back the production of needed civilian items and so to contribute to inflation and unemployment." Also briefly recommended as aids in returning to peacetime production: > A postwar tax law to assure industry in advance that sky-high war taxes will not be continued...

Author: /time Magazine | Title: Business & Finance: Baruch Program | 2/28/1944 | See Source »

...over the Dominion, thirsty Canadians found liquor-store shelves bare, bootleggers' prices sky-high (in some instances, $15 for a fifth of Scotch). Result: a demand for substitutes. One of the most popular: a highly scented, highly alcoholic, highly poisonous (if swallowed) skin lotion called lilac water...

Author: /time Magazine | Title: Canada at War: WARTIME LIVING: The Great Parch | 2/14/1944 | See Source »

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