Author : Special Committee on Post-War Planning
Publisher :
ISBN 13 : 9781332766154
Total Pages : 72 pages
Book Rating : 4.7/5 (661 download)
Book Synopsis Post-War Economic Policy and Planning, Vol. 9 by : Special Committee on Post-War Planning
Download or read book Post-War Economic Policy and Planning, Vol. 9 written by Special Committee on Post-War Planning and published by . This book was released on 2016-06-25 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Post-War Economic Policy and Planning, Vol. 9: Hearings Before the Subcommittee on Housing and Urban Redevelopment of the Special Committee on Post-War Economic Policy and Planning, United States Senate Any consideration of the future of housing and mortgage financing necessitates that attention be given to interest rates and their relation to mortgage activity. Naturally borrowers desire to obtain funds at the lowest rate possible, while lenders desire to Obtain the highest return available in the market at a given time. In any case, both parties deserve a fair rate as determined by the market. All money rates during recent years have been the lowest in history for several reasons. In the first place, the reserve position of our banking system has been unusually strong, due in part to gold importa tions prior to our entry into the war. Secondly, the Federal Govern ment has exercised almost absolute control over the money markets and has freely loaned its credit to finance private industry, because of the desire to keep rates low and thus make it possible to finance the war at low interest cost. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.