Amendments to National Housing Act: Hearings Before ... , 75-2 on H.R. 8520 ... , November 30 ... December 10, 19371937 - 272 pages |
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Page 32
... Labor Department is consider- ably less than the average of $ 2,000 a year ; is that a fair conclusion ? Mr. McDONALD . The reason , Mr. Congressman , why I referred to that distribution of income is that the average income is probably ...
... Labor Department is consider- ably less than the average of $ 2,000 a year ; is that a fair conclusion ? Mr. McDONALD . The reason , Mr. Congressman , why I referred to that distribution of income is that the average income is probably ...
Page 33
... labor cost will be substantially higher . As I see the situation as applied to the construction of new homes in my city , particulary when I know the average income there as reflected by the Labor Department statistics is lower than ...
... labor cost will be substantially higher . As I see the situation as applied to the construction of new homes in my city , particulary when I know the average income there as reflected by the Labor Department statistics is lower than ...
Page 69
... labor . 1 presume those are the two purposes of this bill ? Mr. ECCLES . The purpose of the bill is , of course , to encourage more home construction on a basis that will be more favorable to the borrower and on a basis which at the ...
... labor . 1 presume those are the two purposes of this bill ? Mr. ECCLES . The purpose of the bill is , of course , to encourage more home construction on a basis that will be more favorable to the borrower and on a basis which at the ...
Page 70
... labor , or finance . The thing primarily that we are interested in , taking the country as a whole , is to get more and better housing for our people on a basis that they can afford to rent or afford to buy . Any group which stands ...
... labor , or finance . The thing primarily that we are interested in , taking the country as a whole , is to get more and better housing for our people on a basis that they can afford to rent or afford to buy . Any group which stands ...
Page 71
... labor cost going up , and with that , cost of materials of all kinds , with little or no increase in the income of the unorgan- ized worker . Now I do not believe at the moment we could accomplish very much by attempting to hold prices ...
... labor cost going up , and with that , cost of materials of all kinds , with little or no increase in the income of the unorgan- ized worker . Now I do not believe at the moment we could accomplish very much by attempting to hold prices ...
Common terms and phrases
90 percent 90-percent loan ABNER H amended amortization amount authority average bill BODFISH bonds borrower builders building and loan CHAIRMAN cities COLEAN committee Congressman construction Corporation cost course CRAWFORD debentures default DEMUTH dwellings ECCLES Federal Housing Administration Federal Reserve FERGUSON financing FISH FLEMING FORD foreclosure FRANK funds gage GIFFORD going GOLDSBOROUGH Government Government bonds guaranteed HANCOCK Home Loan Bank home owner income industry insurance companies insured mortgages interest rates investment JONES labor legislation lender lending institutions loan associations LUCE McDONALD MCGRANERY MCKEOUGH ment mort mortgage insurance mortgage loans mortgagor National Housing Act national mortgage associations operation paid PATMAN payment premium present private capital proposed purchase question rates charged real estate real-estate Reconstruction Finance Corporation rent savings and loan section 207 securities sell SPENCE subsection thing thrift tion TRANSUE WILLIAMS WOLCOTT
Popular passages
Page 120 - Administrator as to rents or sales, charges, capital structure, rate of return, and methods of operation to such extent and in such manner as to provide reasonable rentals to tenants and a reasonable return on the investment.