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Show BARGAIN HOMES. If present plans to stimulate con- struction mature, a typical home that would have cost $9,500 in 1929 will; cost less than $7,000 in 1934, accord-tng accord-tng to the American Builder. Financ-lag Financ-lag charges will be 18 to 25 per cent less. Real estate costs will be lower, by as much as 50 per cent in some cases. And more efficient equipment and better planning- will also produce substantial dividends for the home-builder. home-builder. During the depression construction has stood still but architects and designers de-signers haven't. The five-room home of today has the same efficiency as the six-room home of a few years back, due to better arrangement. New methods have been envolved, new ideas created. That means that the home-builder gets a better break than he ever got before. There isn't an industry that would not benefit from stimulated domestic construction. Insurance, steel, electric, railroad, lumber, paint, cement every time a home is built money is released that goes into their coffers and thence to the pockets of workers. It is rel'ably estimated that a potential poten-tial $1,500,000,000 of capital exists that could, under favorable circumstances, circum-stances, be turned into the channels of home construction. If that is done, unemployment and hard times generally gen-erally will take a serious set-back. |