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4. Rehabilitated housing will command higher' rents, reducing the supply of rental housing within the means of people with low incomes.

5. Preliminary studies show that similar programs in other cities have proven ineffective because owners have not taken advantage of them. Local housing market conditions and assessment policies appear to be more significant than tax exemption programs in stimulating community improvement.

6. There are better ways to achieve the goal of stemming urban blight such as direct government subsidies or loans for improvements, and site value taxation. (Site value taxation calls for land and buildings to be classed separately for taxation purposes and permits local jurisdictions to exempt buildings from taxation or tax them at substantially lower rates, making up the difference in revenue by higher taxes on the land.)

Barn Burns

A large barn on the property of L. Brent Bozell at Huntly was destroyed by fire early Saturday morning. Washington, Flint Hill, Chester Gap and Front Royal Fire units responded to the alarm, but efforts were futile.

The blaze, discovered by a passing motorist, is under investigation by State Fire Officials.

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