Whitchurch-Stouffville Newspaper Index

Stouffville Tribune (Stouffville, ON), May 15, 1975, p. 22

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r the tribune- thursday may is 1975 5y the ownership of real property not gold nor paper currency and certainly not stock securities is the only protection from in- flation r many recall the time swhenit took- a wheelbarrow full of paper money to buy a pound of sugar or a loaf of bread following the devaluation of the german mark in his number one bestseller how you jcan profit from a monetary crisis harry browne recommends investment in a country retreathe writes its a form of insurance thats necessary because of the turbulent times- like the otherirecommended in- yestmentsit offers peace of mind if you never ineed the retreat youll still be able to relax more in the meantime if you have it you wont have the anxious feeling of vulnerability the fear that tomorrows news will report a new crisis for which youre un- prepared and that will be worth a lot real estate is the basis of all wealth under all s is the land upon its t wise utilization and widely allocated ownership- depend the sunn vat and growth of free in- l stitutions and of our civilization a now is an excellent time to sell your property inuiecity for a high price and buy a countryhpmefarni private retreat or even i7your 7s i accordingtotheconsumer price index s fok canada the average family invests 597 per cent of its income for food and housing all other major components of thecost of living accounted for a smauer proportion of the atypical family budget at the end of 1974 than a year earlier real estate ownership is the only safe protection from inflation for example if you t f had invested incommon stocks at the end of 1973 youwould have lost almost a third of your money by the end of 1974 v r if you put your mqney six big gold stocks you would have madeabqut 15 percent on your investment overjthe same period h buyor semthro t to gamble on the speculative tgold market well you could winf or lose a couple of things to remember though you cannot eat gold or live onitrior does ownership of the precious metal earn any interest z right now is absolutely the best time to invest in a home of your own there is a wider selection of properties of all types available i at any time since 1960 zc f f jjrispitepf the fact that housing starts of alltypesjinontariovdeclined 23 per sent in j974thenumberpf neviy completed but unoccupied vacant orunsoldhousirig units in urban areas has more than doubled in the metropolitan toronto census area there wefe 5464 vacant new houses arid apartments at f the end of 1974 compared to only 1605 unsold or j unrented dwelling a year earherr- u jf the reason for the increase in inventory was the record number of completions of 1973 starts however because mortgage lending declined iri the first quarter of this year and r rbecausethefeafe now approximately 35000 jfewer housing units in 7 various stages j construction thefexisting inventory should idisappearscompletely about midyearxwith the general return of consumer confidence t buyingpressurefrom a backlog of demand will drive prices of the exhausted supply higher k t t vh it is unwise for prospective buyers to ddayjpurchasingplansjin anticipation oli lower mortgage interest-ratesthereare- many relative bargains on the market now i over 25years of 12 per cent interest would require a monthly payment of 413 to retire the principal and interest and the typical buyer who assume the12 per cent mortgage is only locked in until 1980- at which time the loan may be renegotiated at the prevailing rate years experience 16 offices located kingston the sale land and in 1 contains a wide variety of investment properties in residential recreational the region than any other real estate company a limited hasai staff of prepared to handle all vmpre than 150 sales your needs we welcome s representatives and is your enquires and farm lands in terspersed by bustling commercial industrial k centres jts rich farm- elands and verdant forests j abound with lovely lakes rivers and testimonial to the m- timacy of our knowledge of the area and to the integrity ol j operations l 4 1 s iv nr iunajr uuvra iivtaa aim operations t r f streamsfall reached by f67ssfv zt v canadas mosrhighly- fwinvestm ent or x developed road and rail systems aewpossibie 5fj ctivitr international 7 spj rwithm our sea pwten v e p e r il d i a massive opemngup of 1 the entire region to the jlrest of canada and utthe walter frank world organization to help you i locate happily in south central ontario w frank real estate 120 1 1 nt f 1 1 1 1 1 1 1 n 1 n n t n 1 1 1 1 ii 1 1 11 1 r i f 1 i 1969 j970 1972 1973 industry leader in farm sales w frank real estate limited is one of the leading farm brokers in canada with niore listings of farmlands m the area from torontoto kingston than anjrptherlreal estate company j- r tw vi t j- 1 the sou is good the markets are nearby t transport facilities are well- 1 jdeveloped and anywhere ih7tlie region r youre close to a sizeable urban centre fop shopping theatre hospitalandautyou require for thefull life l there jsdairy farming with some operations producing 5tons and morejof milk daily j cattle grow big arid j healthy on farmsupto 800acre size virginia leaf tobacco grows plentifully in counties especially fruit orchards flourish here with the emphasis on apples arid pears f- tree farms are scattered ithroughouc the v region with chi j trees theprmieproducts- y x i r youve got to kno w the countryside to knqw t marketing and helps toknowtfiei peopleyoure dealingiwithj at wfrank real estetej we have the years of ex- perience and the good reputation plus the- local peopleon staff to create the kindof acceptance needed for best results in the rural community v gp si r 1 with christinas h- 7 5 v

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