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Story September 11, 1938

Imperial Valley Press

El Centro, Imperial County, California

What is this article about?

C. J. Ryan reports that California home building reached a seven-year high in volume and value, with a 4.28 decline in per person costs last year, placing its thirteen cities second in a 41-state survey.

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Better Material Used in Residences Survey Reveals

MINNEAPOLIS, Sept. 10.—California home building, in point of volume and value, is at the highest level in seven years, C. J. Ryan, vice-president in charge of the mortgage loan division of Investors Syndicate, revealed here today.

A decline of 4.28 in per person building costs last year, the first drop since 1933, helped lift residential construction in thirteen California cities to a volume but slightly below that of 1930, the base year of this housing study.

"In a new survey of 41 states and the District of Columbia," Ryan explained, "California's thirteen cities—which contain 52.83 per cent of the state's population—held second place both in number of homes constructed and their valuations."

What sub-type of article is it?

Economic Report Housing Survey

What keywords are associated?

California Home Building Residential Construction Building Costs Investors Syndicate Housing Survey

What entities or persons were involved?

C. J. Ryan

Where did it happen?

Minneapolis, California

Story Details

Key Persons

C. J. Ryan

Location

Minneapolis, California

Event Date

Sept. 10

Story Details

California home building at seven-year high; decline in per person costs since 1933; thirteen cities second in national survey of homes constructed and valuations.

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