War time housing boom and building costs rise
The article argues war-related employment and demand push up housing needs and rents while taxes and debt may lift building costs. Randolph Evans cites past wars showing higher residential construction and suggests real property as a stronger investment. Modernization credit through the FHA may fund housing.
MENTIONED IN THIS ARTICLE
New York
N. Y
Randolph Evans
Mr. Evans
Many Electric Outlets Needed for Modern Homes
Homeowners face frustrations from inadequate wiring and outlets. Architects rely on national surveys to plan the optimal number and placement of outlets for kitchens, work surfaces, clocks, refrigerators, and ventilating fans. The article also notes converting attic or cellar space into rooms and financing via FHA modernization credits.
MENTIONED IN THIS ARTICLE
Curtis
Cedar oil and orthodichlor benzine deter insects in painted rooms
Placing cedar oil or orthodichlor benzine in a shallow dish in a room being painted repels insects, keeping them away during the work.
FHA Holds Record in 1940 Housing Surge
The 1940 FHA program set new records as May applications for new homes surpassed $100 million for the second straight month. Administrator Stewart McDonald said May started about 3,800 homes per week under Title II, with two weeks over 4,000. Total May appraisals reached 22,053 mortgages worth $101,217,472, a slight rise from April, while the overall FHA volume including existing structures hit $129,184,811.
MENTIONED IN THIS ARTICLE
Stewart McDonald
FHA
Mr. McDonald
McDonald
Economy and paint quality affect long term home costs
FHA officials warn against cheap paints claiming they save money. Industry data show cheap paint seals, cracks, andRequires stripping before repainting, adding costs. Good quality paint endures two years with minimal issues and no priming. Summer time favors choosing fire resistant shingles to reduce fire risk.
MENTIONED IN THIS ARTICLE
FHA
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