Report On a City Plan for the Municipalities of Oakland And Berkeley

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Land in a still agricultural state as to use and value can always be reached with mod- ern methods of transportation. It needs, how- ever, an enterprise managed on a very large scale, and with an extraordinary amount of skill, in order to make land of this kind marketable. If it is done on a small scale, not only the effect on the general housing situation will be small, but also the suspicions of the small buyer, against moving into a still agricultural area which does not suf- ficiently flatt...er his speculative instincts, are unsur- mountable. Any private or semi-public enterprise willing to apply modern methods in order to cre- ate marketable workingmen's homes, really cheap and in the reach of the masses, ought to find the highest encouragement from all sides, i. E. , from the city's authorities, manufacturers, transporta- tion companies, banking institutions, labor unions and especially from the civic organizations.
4% LOANS ON WORKINGMEN'S HOMES.
Another important item where large savings in securing the small home can be made, is the inter- est on the money.


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