European Stars And Stripes (Newspaper) - November 2, 1988, Darmstadt, Hesse Wednesday november 2, 1988 the stars and stripes Page 9 la rated As hottest real estate Market Washington tap los Angeles despite it traffic congestion. Smog ridiculously High housing prices and regulatory barriers rates As the Best mar Ket for real estate investments a study Wirf monday. Houston. Can Var and Dallas a a among the places to he avoided i said the pluses of Las Angeles and All of Southern California economic diversity Job growth Cli mate Quality of life and Access to the Pacific rim outweigh its minuses the report Sakl. Indeed growth restriction is one of the things thai a Tarih to investors to California and to the other top ranked according to the report. Developers complain often bitterly of the hassles expense and risk hut they arc increasingly resigned to them and willing to accept the responsibilities in return for unsurpassed opportunities let Competition and upside the study was Tiona fur equitable real estate in vestment Nanag Emcil. 3 property investment firm. It said that there arc fewer Best markets than in the past and that no City or Region offers Good Prospect across the the study drops new York from Iii most bul Lish York is just too expensive and Many firms can t justify the rent the. Study said. But real estate research corp. Which conducted the study said it sees new York As i Premier mar Ket that will return to favor As its inherent strengths prevail Over Herd the study retained Washington and Boston on the bullish to be avoided ill includes the Texas cities of Austin and san Antonio Tulsa okla. And new meaningful turnaround u still a year or 50 off in Dallas and two to three years in the report said Denver a much smaller Market needs a year or two respite. When it docs come Back it won t be to the level of the Early 80s.1 Here is what the report said of other cities As real estate investment opportunities Phi unix m is Ove Buill in every properly Luik. Speculative Sih Mancid land deals. Apartments and office space Are in seriously Long Supply. The Phoenix Economy is slow and steady resort i a notwithstanding Anil needs three years to rebuild enough momentum to justify new Atlanta and Cheato they Shire the distinction of receiving about As Many positive Voles As negatives on the plus Side the japanese have discovered both on the minus Side huge Quanti ties of office space hotel rooms Antt retail c1la Gross Lea Sable areas arc in place in lie pipeline and on tie drawing boards. Vacancies will in crease in both Chicago and Atlanta. Major problems can be headed off Only by disciplined cutbacks in new starts. Don t bet in trial happening in either cily army s strength now More than half Reserve Munich Bureau Garmisch. the army s Reserve components hit by the military draw Down that followed . Withdrawal from Vietnam have re grouped in the past decode and now vide More than half of the army s total Force a senior Reserve manpower official said is the first time in peacetime history that the army s National Guu and Reserve strength is larger than tie. Active Force army Reserve maj. Of i. Louis a. Ginn said during . Army i Europe s annual retention symposium being held this week in Gan Mise. Ginn a Reserve assistant Deputy chief of staff specializing in mobilization said hat while Reserve Force growth almost has peaked missions and training continue to evolve. In today s total Force concept Reserve components provide about 40 percent of the army s combat divisions and two thirds of the combat service support , in a major change from the Tacti Cal thinking of the Vietnam Era every unit now has a wartime role and mis Sion Ginn some Reserve units still Are panel Neor funding goal for korean War memorial by Culick Wimch wish Tirton Bureau Washington most of the publicity Given to War memorials Over the past few years has entered on the wan honouring troops of the Vietnam coif diet. But veterans of another earlier War Are moving Closi r to a memorial of their own. The american Lattle monuments commission is More than Halfway to its $6 million goal to build a memorial for those who fought in the korean War. Army col. William Ryan the commis Sion s director of operations said that 12.4 million has been raised from private donations to go with 31 million authorized by Congress. We got approval for the site in sep tember about seven acres on the mall directly across the reflecting Pool from the Vietnam memorial Ryan said. The korean War has been overshadowed by the More socially divisive Viet Nam conflict he said but out that almost As Many americans died in the three years of fighting in Korea 55.000 As in 10yeareof War in Southeast Asia. The korean War memorial will finally express the gratitude of the american people for All who look part in that War under our Flag both those who survived and those who gave their he commission Lio has announced an open Competition for the memorial design Ryan said. Any . Citizen 18 or older has until . 16 to request rules registration forms and other information by Irilina korean War veterans memo rial design Competition . Fox 17045, Baltimore my. 21203. This h not the deadline for submit Ting designs Ryan explained it s for people to indicate their interest in participating in the registration form and fees must be mailed by Jan. 23, he said. The korean War veterans memorial advisory Board under the commission will judge the de signs and select a Winner. But the design of the memorial won t Miner if we Don t have the Money to build Ryan said we be still got to Long Way to contributions to the memorial project can be sent to the korean War Veteran memorial fund. . Box 2372, Wash 1 Ringlon . 20013. More information can be obtained by Catling Kyan at . Civilian 302.172-os36. e. Germans flee As guards watch Escapee total for year tops 350 Munich West Germany a two East German men climbed Over order barriers monday to Lee their communist. Homeland police re ported ". Border police in Bavaria said the men told them their escape was detected by East German troops guarding the Border but the soldiers did not fire their wrap the army policy says first to be equipped Gin interview. That s Why being equipped with combat gear being retired from the Active inventory ins my instances Reserve units gel the lat est equipment before Active duty units a first to fight Jinn said in an Why the Georgia guard got my tanks before the Active army because they were scheduled to deploy before those Active additionally the Pentagon views the investment in equipping and maintain ing the reserves a Good buy. Expenses forthe Reserve components Lake about 13 percent of the total army budget Gin said but we provide 50 percent of the Force. We arc an economical Force. It s a Good bang Lor the nonetheless the reserves face Many of the same budgetary problems of
