The book German Housing Reform was written by author Carol Aronovici Here you can read free online of German Housing Reform book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is German Housing Reform a good or bad book?
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Its shares were sold at $250 a share, which is more than an ordinary workingman in Germany could afford. This asso- ciation availed itself of the opportunity to secure funds from the treasury of the compulsory insurance funds at 3 per cent. Its dividend is limited to ^}4 per cent. At the expiration of sixty years, the city becomes the owner of the property, after all claims have been paid. The efficiency of the administration of this organization is shown by the fact that a reserve fund of over... $60,000 has been accumulated, after continuously paying a 2}4 per cent dividend. In conjunction with this common ownership of the homes there is a cooperative purchasing system established in each group of buildings, which is carried on with funds advanced by the association, and paid by tenants when rentals are paid. The average rentals for these houses containing two HOUSING AND TOWN PLANNING rooms, kitchen, toilet, small cellar, and garret, with the use in common of baths, laundries, gardens, and meeting-houses, is I4.80 per month.
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