¶ Building Industry
← Building Industry | Building Industry →
Index Entry
Building Industry:
"… Despite that they were going to have to move out of town and then out of state within only five years and would have preferred to be allowed to rent acceptably built and furnished homes in acceptable localities, these humans necessitous of getting to and holding their jobs while providing their families with favorable living, learning, playing, and growing conditions, have been forced to buy the acceptable homes by the speculative builders, who for the last half-century have been escalating land costs which priced the houses at figures that would require a minimum of 30- and 40-years to ‘pay off’ all of which required continual refinancing in which only the obtaining if guaranteed deed business within the USA runs into seven-billiond-dollars-a-year expense.
“Humanity in the nonsocialistic world is now being propagandized, coerced, and often forced to purchase all the immobile home properties, which gave rise to condominium or cooperative offices, apartment houses, and owned single-family dwellings. The great industrial corporations have, however, found such immobility to be untenable. Having now become transnational, they are concerned only with investments in service industries which rent–rather than sell-telephones,”
