Guess the year
Posted: Mon Apr 22, 2013 8:25 pm
I discovered this in a book recently and was struck by the possible relevance today of increasing affordable housing stock, and I quote........
"By the end of the year the first signs of recovery based on the home market were beginning to appear.
3 million houses were built and demand for building materials and household utensils and consumables increased rapidly.
Demand for building materials (bricks, cement, window frames, household equipment and services also increased exponentially).
Similarly, car production doubled and six producers controlled ninety percent of the home market."
All this thanks in the main to low bank rates and reduced food costs providing more available money.
And the year is?
"By the end of the year the first signs of recovery based on the home market were beginning to appear.
3 million houses were built and demand for building materials and household utensils and consumables increased rapidly.
Demand for building materials (bricks, cement, window frames, household equipment and services also increased exponentially).
Similarly, car production doubled and six producers controlled ninety percent of the home market."
All this thanks in the main to low bank rates and reduced food costs providing more available money.
And the year is?