Housing: A Comsat for Construction

As the demand for decent housing continues to outstrip construction, "No Vacancy" is becoming the ubiquitous sign of the times. Last year, U.S. builders put up just under eight houses and apartments for every 1,000 people, which was half of 1950's record pace. The U.S., once preeminent, now lags behind Western Europe, Japan and Russia in housing output on a per capita basis. This week the Nixon Administration will announce formation of the National Corporation for Housing Partnerships, a Comsat-style combination of Government and private industry. The corporation expects that its activities...

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