Special report of the special Commission on the necessaries of life relative to promoting and financing the construction of apartment houses and maintaining buildings used for living quarters ...
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Scope of Investigation
Promotion and Financing of New Housing
Summary and Conclusions
60 per cent apartment houses appraisal values attorney's fees bond house bonus borrower Boston Brockton builder or promoter building loan building permit built cent per annum cent per month Completed project assessed connection conservative construction mortgagee construction of apartment cost of construction cost of financing cost on building deducted in advance equity estimated cost excessive financing apartment financing charges financing costs foreclosure forty-three days full amount funds gagees Haverhill home owners increased interest rate investment labor legal fee Leominster loan was obtained Massachusetts material ment houses method of financing money lenders mort mortgage note mortgagor paid broker Permanent construction mortgages permanent first mortgage Pittsfield practice premises private lender profit promotion and financing rate of interest reasonable Registry of Deeds rentals replaced by Permanent savings banks second mortgage secure speculative building Springfield supply and demand Temporary Construction Loans tenants tion Treasurer two-family houses usually