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...Soft Spot. Both builders and bankers agreed on the soft spot in the construction boom: the 100%, 30-year mortgages backed by the Government through the Veterans Administration. The no-down-payment terms were originally designed to help veterans during the critical postwar housing shortage, were expected to taper off as the shortage eased. But actually, no-down-payment loans have climbed from 8% of all VA-guaranteed loans in 1953 to more than a third by the end of last year. Almost 10% of the loans are the no-no-down-payment type; they even cover...

Author: /time Magazine | Title: REAL ESTATE: The No-No-Down | 3/21/1955 | See Source »

...West's, may reach 38% by 1960. But its rate of growth in the past 30 years has been no greater than the growth which took place in the West during the first 30 years of modern industrialization (1880-1910). After 1960, Russia's steel expansion should taper off, just as the West...

Author: /time Magazine | Title: DEFENSE: Sinews of Peace | 2/7/1955 | See Source »

...stretched 10½ in. to an overall length of 204 in. (v. 198 in. for the current Ford, 196 for the current Chevrolet); medium-priced Dodge will be 212 in. long, only 4 in. shorter than Cadillac. Up and down the line, every model will have bodies that taper gracefully in at the top, wrap-around windshields, longer, lower hoods. Inside, all automatic shift levers have been transferred to the dashboard. Outside, customers can take their choice of 56 solid paint jobs, 173 two-tone combinations, even a few three-tone combinations...

Author: /time Magazine | Title: AUTOS: Chrysler's New Models | 10/25/1954 | See Source »

Poetess Moore's version: A serpent has mobility Which can shatter intrepidity. The tail-tip's mental to-and-fro And taillike taper head's quick blow- Like Fate's-have the power to appall. Each end had thought for years that it had no equal And that it alone knew What...

Author: /time Magazine | Title: Books: New Shine on Old Truths | 5/24/1954 | See Source »

...admissions office has already received approximately 3,000 forms. Although the deadline for filling applications was Feb. 15, Bender expects the present rate of 100 to 150 new applications a day to taper off only gradually...

Author: By John J. Iselin, | Title: Applications Still Rise Despite McCarthy Slur | 2/23/1954 | See Source »

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