Regulation of housing prices debated by OPA in postwar era
Western Newspaper Union reports in Washington that the Office of Price Administration seeks power to regulate sales prices of finished homes and used buildings to curb inflation. Builders resist, arguing for focus on supply and manpower. reconversion officials weigh a mixed approach combining material cost controls with price oversight only if needed. OPA cites WWI data showing steep rises in material costs and construction declines, contrasting with wartime gains under hold-the-line orders. A housing shortage looms with eight million needed homes, while surveys show many would delay or alter plans if prices rise sharply.