The Copper and Brass Research Association has completed a survey on the building shortage in this country, of general interests to tenants, landlords, mortgage-holders. On Jan. 2, 1920, the shortage amounted to $10,750,000,000; and each year an additional amount of construction valued at sums starting at $3,000,000,000 and steadily increasing was likewise required to meet the normal growth of the country.
In the last five years about $23,500,000,000 has been spent for construction, as follows:
In 1920...................... $3,943,865,000
In 1921.......................$3,442,300,000
In 1922.......................$4,910,000,001
In 1923........................$5,922,900,000
In 1924........................$5,341,140,000
Construction during the coming year is estimated at...
