Business: The Big Buildup in Housing

As the driving force in an otherwise laggard U.S. business recovery, the housing industry is heading toward a record year. Builders, cheered by the temporary freeze on material costs and wages, are counting on the exuberant demand to continue throughout most of 1972. Though the Commerce Department reported last week that housing starts fell in September for the first time in five months, industry leaders remain buoyant. Says Eli Broad, chairman of Los Angeles' Kaufman & Broad, a big home builder: "I still think we're going to reach a record 2,000,000 starts this...

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