¶ Building Industry (2)
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RBF Definitions
produce no life support whatever. The last quarter century’s vast transformation of cities all around the world to skyscraper clusters has produced space within which no life support is produced and only to accommodate job-making and money-making. We have all around the world the typewriters sleeping with the good plumbing and the people sleeping in the slums–fancy and otherwise. All the money-making drives toward omni-automation and complete unemployment. Politics keeps inventing the jobs by law. "Forty-three years of post-1933 housing finance has shown that when the price of the median house goes above three times the median annual family income (wage) the median family cannot demonstrate creditable capability to purchase their homes. A general condition of such inability has now been reached. “Since the median family’s life expectancy is 70 years and since the age of the median family’s earners is 35 years, they have only 35 years of life ahead but only 25 years before mandatory retirement, ergo, have no more life-expectancy years, ergo no more future earning years to hypothe-cate for home ‘buying’ on the installment plan which”
