Business & Finance: Unfreezing Assets*

If a man owns $50,000 worth of U. S. Steel common, he can readily and speedily realize on his holdings. For his shares have an instant market.

If a man owns a $50,000 piece of real estate, he may have to sacrifice $20,000 or $25,000 for an immediate sale. His land has no immediate market. It is an asset, but it is a frozen asset. From a merchandising standpoint, the realtor handles an excellent product but is handicapped by a primitive distribution system.

Last week Manhattan realtors tried to...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!