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PLEASANT ROOM CONNECTIONS Balance Favors Buying House The prospect of a new home eften loses its appeal when the fhead of a family is faced with @ final decision to invest the Mecessary funds te turn his hopes into reality. Such questions as "Can I af- ford a new house" and "How much should I spend on a home" become prime consid- erations at. this moment of de- eision. Perhaps the portion of its in- eome which a family can afford to invest in housing is the prime question. Most economists agree that to maintain a margin of eafety, the total price of a home should not exceed 2 to 2% times the annual income. For many families the ques- tion of "Can I afford to buy hhome" should really be "Can I afford not to buy a home" RENTS FOR PROFIT It is a popular theory that you @ave money by renting because you don't have to pay the main- tenance required of a home @wner. The owner must main- 'ain his property te protect and enhance his investment. How- ever, this statement is true whether you are referring to a home owner or an apartment building owner, Many of us forget that a land- ford rents for profit and his earrying charges whether for maintenance, mortgage _inter- est, heat or taxes, are all taken imto account in his rental eharges. So even though a ten- ant may believe he is not meet- ing cost is that a home owner must bear, he is in fact pay- img his share of them and also pfs enough money to give landlord a profit. Everyone is familiar with the old saying about 'collecting rent receipts". These receipts are really worth- Jess pieces of paper representing money that could be paying off @ mortgage loan, which would coal be increasing your personal es- tate While the initial down pay- Ment on a home may mean a bit of a sacrifice at the time, it represents a step towards fi- mancial security. Looking at it practically, rents and living e@osts may go up -- and prob- @bly will -- but mortgage pay- ments on your home won't be increased. This means a family man may budget his basi¥ shelter eosts for years ahead instead ef on a month-to-month basis. CONTENTMENT Grandviow. lage by Kassinger AGENT; Carl Olson -- 723-1133 THE OSHAWA TIMES, Fridsy, September 13, 1963 § Invitation To Inspect - New Houses National Home Week isn't a week dedicated to. staying at home. On the contrary, it is an official invitation fror: the members of the National House Builders Association to get out and see what mew homes now offer in the way of extra com- fort, convenience and economy, says C. J. McConnell, president of te National House Builders' tinues: "I'm sure you'll be delighted at the range of house styles on show -- designed to meet every taste and every pocketbook. The builders, members of the Association, His statement con-. Oshawa Builders Assosietion, have good reason to be proud them. "As members also of the National House Builders Asso. ciation, they maintain a high standard of workmanship and reliability which is a credit te the industry across Canada -- and is also ye ir assurance of quality. 'Each year, members of the National House Builders Associ- ation make National Home Week a pace-setter. This is the time when we display our finest wares for your inspection. Can ada has the highest level of home ownership in the world, and the industry works constant- ly to ensure that the homes # builds are also the finest in the world, both in value and design, -"So don't miss touring the model homes open this week im Oshawa in observance of Nation- al Home Week. You'll enjoy it-- and we hope you'll be impnese- ed with what you see." STORE REMODELING 254 CEDAR VALLEY CALL | JAMES O'MALLEY CONSTRUCTION LTD. PHONE 723-7122 LOOK FOR THIS SIGN WHEN YOU PURCHASE YOUR NEW HOME Only qualified builders are members of the Oshawa Builders' Association and are entitled to display this trademark which stands for: 1. ENFORCING: Good Code of Ethics 2. PROVIDING: The highest standard of house building 3. GUARANTEEING: Good sound workmanship 4. ENCOURAGING: Functional and original designs HOME BUYERS 5. INSURING: Financial responsibility to safeguard home buyer 6. SUPPLYING: A written guarantee with each home 7. ESTABLISHING: Communities you can be proud of ASSOCIATION MEMBERS Anglestone Limited Allied Building Supplies A. W. Banfield Const. Limited Bathe & McLellan Bidg. Supplies Limited Blok Construction Fraser Bell Builder & Developer Bell Drafting and Reproduction W. B. Bennett Paving Limited Booth'Brick Limited Brooklin Concrete Products Ltd. Canadian Coleman Lamp Ltd. Canadian Gypsum Limited Canadian Pittsburgh Industries Limited . Consumers' Gas Company Ltd. Cooper Block Limited Curran & Brigss Ready-Mix Diemond Cley Products Limited Ludwig Dezsi . Dom. Tar Construction Mot. Ltd. Donevan & Fleischmana Emco Limited J. Foley Plumbing & Heating | eee ° RO BRR4 bE 4d CS ES E5R5 iC OSHAWA BUILDERS' ASSOCIATION Otto Geratschik Goldell Homes Limited Lorne B. Goodman Phil Goreski Stanley Gujda Guscott Plumbing & Heating Limited Hambly Concrete Products Led, Jess Hann & Son C. Russell Harrison -- Hartwig Construction Limited Henderson Concrete Products Limited Holmes Foundry Limited Home Builders (Oshawa) Ltd. G. T, Horton & Associates Ltd. S. Jackson & Son Limited Jeffery Construction Led, Peter Johansen Limited Fred R. Jones M. Kassinger Construction Ltd. George Lysyk Marbo Stone McCullou Tee BAS Oe PEE SE VSS ces McLaughlin Coal & Supplies Limited Millwork & Building Supplies Lim New Way Plumbing & Heating James O'Malley Ontario Block & Tile Limited | Oshawa Public Utilities Comm. Oshawa Wood Products Limited W. Ridgely Construction Limited John Riznek W. E. Roth A. Patterson Ruddy Electric Limited Walter Schleiss Smo-Kay Construction Stradwicks Limited Ulrich Strahl William Tonno Western Gypsum Products Townsend Electric Limited ar a oe Limited . Van Schyndel Leon Wallis _.Michgel Zygockt