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Show The Enterprise Review , December 15t 1976 Page 11b Government Regulations Limit New Home Market Utah residents will pay between $3,000 to $5,000 more for new homes in 1976 and 1977 because intensified government regulations are forcing home prices ever upward. Fred Paulson, president elect. Salt Lake Home. Builders Association attacks smoke detectors, required lighting in the attic, exterior lights at all doors, ground fault protection for all bathroom electrical plugs and at least four times as many electrical outlets as you need, Paulson said. The list goes on. In all, there are 60 new federal housing re 1 I EM homes were built in 1976 on (Individual Retirement Account) compared to 6500 in 1975. Because of zoning and density regulations imposed by city and county governments, most construction in the Salt Lake area is taking place in the south and west portions of the county, Paulson said. Land is cheaper Keogh Retirement Plans Funds compounded quarterly for an average annual yield of Government Added Expenses y To Your New Home Additional Insulation Flood Control Provisions 1350 S150 Added Cabinet Space New Carpet Requirements Extra Time Getting Subdivision Approval Water-Sewag- lapping e COMMERCE FIRST THRIFT S500-SI10- 0 $50 $500 Smoke Detector $50 Underground Power $00 Highback Curb-Gutte- r Moisture Protective Foundation $5o $300 excessive federal legislation saying that only about 15 percent of all Utah residents are presently able to afford a home, (this figure computes income from the head of household only). That percentage will drop even lower, he insists, unless builders can cut costs and the government loosens its regulatory quirements of which about 45 are applicable to Utah homes built this year. Builders and sellers are quick to point out new safety and convenience features, but aside from price, Paulson said, homes havent changed that much from years ago. The 1976 requirements for new homes, set forth by Congress last year, include expensive additions like Despite the price pinch, residential construction is up about 17 percent over the state in 1976. Over 7900 South and West Construction hold. 10.69. No fees or commissions. Call or come by for details. there and zoning and density requirements less stringent, he added. Paulson said a 1,000 sq. ft. home will cost $5,000 to $6,000 less in the outlying areas than on the east side of the valley. Base price for that home will range from $29,000 to $39,000 on the south or west side and $35,000 to $45,000 on the east side. To compete with the government, he said, many 1588 South Main Salt Lake City Ph 486-485- 7 Utah White Truck Inc. Traditional construction material for our truck maint- enance buildings would have cost us a fortune in heating cooling costs. We needed a better alternative. Bill SmUhPrrsident, Utah While Truck, Inc. builders are constructing Continued on page 13b TRAVEL AGENCY CAN SELL KIND OF TRAVEL TO ONE BUT CAN OF THEM GIVE YOU SOME- - THING FOR NOTHING? WE CAN! r ACT I Creative Talent), our versatile talent booking subsidiary, can arrange top flight entertainment for whatever your company has planned (conventions, Christmas, sales parties, anything). The kicker? If you use our travel agency the entertainment service is available at substantial discount or even free! Call us today and discover how we can ease your hassles and even throw a little fun your way. (All-Sta- get-togeth- Tours " The er d The Steelox panel-fini- sh guaranteed for twenty years-- is aesthetically appealing and will save additional thousands in maintenance expenses in the coming years. pre-coate- V Whole World in Our Hands AUTH0RIZED dealer Armco Building Systems INTEGRAL STEEL STRUCTURES 444 So. 300 West 210 Salt Lake City, Utah 84147 4835 HIGHLAND DRIVE. SUITE 269 SALT LAKE CITY. UTAH 84117 9 Mechanics for White Truck, Inc. will be working in the maintenance buildings year round. By utilizing the Armco Steelox panel in combination with fiberglass insulation and steel liner panel, a 30 savings in fuel cost will be realized as compared with other types of roof and wall construction. ARMCO and Travel, Inc. 277-266- INTEGRAL STEEL STRUCTURES DID IT ACT-- I CREATIVE TALENT DIVISION of ATLAS TRAVEL ALL-STA- R (801) 363-885- 8 |