Show Checking the Promoters in home building is coming back EXPANSION and that means m ans the return of high pressure pre ure promotion such as characterized the real estate business before 1929 Particularly timely therefore therefore there there- to fore e is the suggestion of James G. G Caffrey Cleveland realtor that some sort of a a governing governIng governing govern govern- ing body be set up to regulate promoters It is Caffrey's Caffrey s conclusion from long experience in the business of home building and subdividing that real estate promoters sho should ld be examined and certified just as security salesmen are regulated Looking back on the last ten years of real estate history in this country Caffrey declares I 9 1 am certain that the subdivision business as formerly conducted was one of the least sound and was mainly responsible ble for bringing on thereal the thereal real estate depression which started years before be fore tore the depression Mr r. r Caffrey's proposal of course might not correct this condition But it is a step in the right direction d Certainly there should be no excuse excuse ex ex- cuse for a repetition of the last nationwide sub sub- subdivision subdivision division fiasco |