MONSTER PLAN
BUILDING IN U.S.A. NEW YORK. A building job, 26,000,000,000 dollars, supported by private enterprise, is promised the construction industry for the five years beginning in 1947 and running through 1951, according to the market analysis committee of the Producers’ Council of Washington. Nelson Wright, chairman of the committee, said that in the five-year period more than 4,600,000 houses would be built, chiefly here, at an average cost of 5600 dollars, exclusive of the cost of the site. He said there would be a reduction in the size of the pre-war dwelling as a measure partly to offset new construction Mr Wright said that the forecast indicates housing for about 620,000 non-farm families would be built in 1947, more than double the number estimated for 1946. In 1948, the number of dwelling units that will be built should rise to 870,000 and then is expected to average 1,050,000 in the three-year period ending with 1951. Both housing’ for sale and for rent are covered in the estimate.
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Ashburton Guardian, Volume 66, Issue 46, 4 December 1945, Page 3
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168MONSTER PLAN Ashburton Guardian, Volume 66, Issue 46, 4 December 1945, Page 3
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