Show BUILDING OUTLOOK FOB 1950 C. By Leon Marketing Specialist State Agricultural College every city and town In he nation is experiencing residential New limes going officials of the construction In-H there will he well itry predict million new homes built one United States during They expect that lam year s Will be surpassed by a construction material and others In some participate In or benefit by this gut what about the man who to eventually pay the bill for What of the one million prospective new home or the four to five million home owners who need to repair or remodel existing T Will homes cost more or less they have other Will eople be able to get loan runds to supplement savings in purpling or Will good quality materials be in adequate Will competent workmen be What are the to a new home this What precautions should the builder These are ell considerations of 1950 home In examining the outlook for industry officials and economists alike predict that over-all costs will be higher in than they were In Prices of lumber and steel are higher than In 1949 because supplies are low and production is not expected to catch up with use until late Construction industry officials state that all necessary materials will be though they anticipate some in obtaining necessary materials and Their outlook for special building materials Is as and will be from 20 to 30 percent higher in price than they were in Some delays may be experienced in getting the grade or kind Pine will be from five to 10 percent above 1949 prices until late Delivery will not always be Pipe and other steel products will reflect the per ton increase following the steel wage increase given last Supplies are adequate for the anticipated though some local delays may be experienced in getting fixtures and some kinds of plaster board and mortar will be about the same In price as they were in 1949 with tome local reductions in ready-mix No difficulty Is expected In filling orders nor Is any delay Brick and paint are from five to 15 percent below 1949 and will probably continue to Supplies are adequate lor anticipated Is the second large Item In question this We are as by those in the trade that there will be enough skilled workmen and common laborers to do the economic expect that labor cost Will raise slightly In Over 1949 because of the tendency for different builders to bid for the services of these workmen to tush their Individual jobs to Local union agitation Indicates that there tuny be some local wage demands made during the With respect to labor it is noteworthy that costs of laying brick may be reduced through the use of a new brick-laying device recently placed on the With this devise an experienced bricklayer can lay much faster than Funds are readily available through building And loan and through private and governmental sources for those who must borrow part of the money necessary to build or Congress has money to Insure loans made through private lending agencies and to provide direct loans through the Federal Housing the Farmers Home end to veterans through the Veterans Contractors and real estate linns have also been able to money with which to carry on an expanded building Every builder rightfully views the long-time aspect of building or buying under 1950 prices with We recognize that are near an all-time high and In many priced homes will have to be ald for out of lower earnings and with dollars having a higher purchasing Those who must borrow a substantial portion of the funds necessary to build or buy will no doubt be wise to wait for more favorable if Utah State Agricultural College Extension Service Is prepared to give prospective builders a great deal of help on their building The Home Economics and Agricultural Engineering Departments of the College began planning last fall and have developed many helpful blueprints of of and of compile planned for comfortable living and economical The Extension Service is duplicating many of these house and they will be available later this summer from the county extension service office it nominal together suggestions on things as use of such native materials as These plans and Instructions will be helpful to any builder but will be a must the builder who must cut costs to carry forward a Carefully planning each step should be a precaution observed by each builder or Some of these precautions Plan your house to meet present and future housing Consider the alternatives of remodeling or limited construction bo planned as to permit expansion as need and ability Make maximum use of economics in planning your house such as maximum use of stock lengths of straight gabled non-bearing native materials which the builder can supply at lower and Make use of construction standards maintained by the Federal Housing Be careful about construction contracts and do not permit g continued stream of additions that change an home to a See that you get a dollar's value for a dollar Shop around for the best possible repayment contract It It Is necessary to borrow a large portion of the you may Jeopardise your A few hours of careful plan may well mean the difference between satisfaction and disappointment and may several thousand dollars differ ence in the cost of your |