European Cities At Work
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In our eReader you can find the full English version of the book. Read European Cities At Work Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book European Cities At Work
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To quickly assess the difficulty of the text, read a short excerpt:
But Germany has attacked it with courage and intelligence. Bad housing is rec- ognized to be a national menace which must be cor- rected in the interest of the health and efficiency of the people.
And officials seem agreed that the trouble is that there are not enough houses. Not only that, but private capital will not build enough houses to keep pace with the demand. It is not the magnitude of the problem that prevents capital from building; it is the absence of a commercial interest to induce... it to do so. It is good business to perfect the automo- bile; to make it cheap, safe, and durable. Competi- tion compels this in most industries. But there is no such motive driving capital to build houses or to improve their appointments. Rather the reverse is true. Capital instinctively appreciates that a limi- tation of the supply of houses keeps up rents and increases the value of existing property. This is true because the housing problem is a land rather than a house problem. Land-owners act just as do coal 156 THE HOUSING PROBLEM IN GERMANY 157 operators, cotton-growers, or sugar-refiners in re- stricting the output.
What to read after European Cities At Work?
You can find similar books in the "Read Also" column, or choose other free books by Frederic Clemson Howe to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
But Germany has attacked it with courage and intelligence. Bad housing is rec- ognized to be a national menace which must be cor- rected in the interest of the health and efficiency of the people.
And officials seem agreed that the trouble is that there are not enough houses. Not only that, but private capital will not build enough houses to keep pace with the demand. It is not the magnitude of the problem that prevents capital from building; it is the absence of a commercial interest to induce... it to do so. It is good business to perfect the automo- bile; to make it cheap, safe, and durable. Competi- tion compels this in most industries. But there is no such motive driving capital to build houses or to improve their appointments. Rather the reverse is true. Capital instinctively appreciates that a limi- tation of the supply of houses keeps up rents and increases the value of existing property. This is true because the housing problem is a land rather than a house problem. Land-owners act just as do coal 156 THE HOUSING PROBLEM IN GERMANY 157 operators, cotton-growers, or sugar-refiners in re- stricting the output.
What to read after European Cities At Work?
You can find similar books in the "Read Also" column, or choose other free books by Frederic Clemson Howe to read onlineMoreLess
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