Private Housing Squeeze

July 9, 1969

Report Outline
Difficulties of Home Buying in America
Government Aid to Private Housing
Barriers to Mass-Housing Technology
Special Focus

Difficulties of Home Buying in America

Every american not sunk in poverty has assumed for a quarter-century or more that he could buy a house, if he so chose, as often as he moved. And that is often, because the Census Bureau reports that one American family in five changes its place of residence every year. For some time now, however, those who still clung to the notion of easy access to home ownership have been in for a rude awakening.

“The single-family home is moving into the category of a luxury item,” a New Jersey builder said recently. “In the market where our company is building today—and it's typical in this regard—a family must have close to a $14,000 income to be able to buy a home.”

Housing agencies have reported that on-site houses selling for less than $15,000 made up only 8 per cent of new single-family housing market in 1968, while five years earlier they accounted for 29 per cent. Seventy per cent of new houses sold during 1968 were priced above $20,000, and the median price for older houses rose—for the first time—above $20,000.

ISSUE TRACKER for Related Reports
Housing
Nov. 06, 2015  Housing Discrimination
Feb. 20, 2015  Gentrification
Apr. 05, 2013  Homeless Students
Dec. 14, 2012  Future of Homeownership
Dec. 18, 2009  Housing the Homeless
Nov. 02, 2007  Mortgage Crisis Updated
Feb. 09, 2001  Affordable Housing
Jan. 06, 1989  Affordable Housing: Is There Enough?
Oct. 30, 1981  Creative Home Financing
Nov. 07, 1980  Housing the Poor
Dec. 21, 1979  Rental Housing Shortage
Nov. 24, 1978  Housing Restoration and Displacement
Apr. 22, 1977  Housing Outlook
Sep. 26, 1973  Housing Credit Crunch
Aug. 06, 1969  Communal Living
Jul. 09, 1969  Private Housing Squeeze
Mar. 04, 1966  Housing for the Poor
Apr. 10, 1963  Changing Housing Climate
Sep. 26, 1956  Prefabricated Housing
Sep. 02, 1949  Cooperative Housing
May 14, 1947  Liquidation of Rent Controls
Dec. 17, 1946  National Housing Emergency, 1946-1947
Mar. 05, 1946  New Types of Housing
Oct. 08, 1941  Rent Control
Aug. 02, 1938  The Future of Home Ownership
Sep. 05, 1934  Building Costs and Home Renovation
Nov. 20, 1933  Federal Home Loans and Housing
Nov. 17, 1931  Housing and Home Ownership
BROWSE RELATED TOPICS:
Mortgage Loans and Home Finance