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Higher Cost Of Building Homes Seen
University of Michigan expert Robert N. Cross says liberalizing home financing will raise costs and not fix shortages. He cites 59.6 percent cost increase since 1939 and warns easing FHA down payments could boost demand for scarce labor and materials, pushing prices higher.
MENTIONED IN THIS ARTICLE
Douglas Graham Lansing
Mich
Congress
U. S. Senate Banking Committee
Robert N. Cross
University of Michigan Business Research
Cross
Congressional Pro
Michigan Planning Commission
Harry F. Kelly
Senate
Michigan
Kelly
State Office of Veterans’ Affairs