Selling Human H.ppiness

BV l@ch Siotna

The plcarning, selling, crnd building ol HOMES is simply trcfficking in Humcrn Hcrppiness.

And is therelore c prolession dear "lo the gods."

The world owes no mcn c living.

But every mcn owes the world, c lile.

And, cs he pcrys the world thci lile he owes, the world will, in return pcy him c living-<nd qs much more crs he pc1'a lor.

The egotist scys to the Universe: "I livel" And the Universe replies: "I see, but I don't seem to be cble to get excited crbout it."

The lumbermcn scfTs to the Univerge "I build HOlvtES." And the Universe replies: "Welcome. We need many such crs youl"

The mqn who is devoting his lile to the plcrnning cad selling oI homee qnd other necesscry buildings lor the use oI man" ig pcry:ng his debt to the Universe in gold oI the recrlm.

Philosophers hcve crgreed from the beginning ol philosophy thct only crs q ncn nckes other people hcppy, does he deserve hcrppiness; cnd only on thct bcsis should he expect it.

And, since the business oI building is the business ol mcking people happy, the building merchcsrt hcs the privilege cnd opportunity in his workadcy lile, oI repcying his debt to Providence.

The rrcn who is building homes is iuning in with the best there is in life; crnd he hcrs the extreme satislcction oI reclizing thct he mqkes his living by lecving hcppiness qnd gatislqction behind him on his dci\ roun&.

Few proleseions cqn scy cs rnuch.

The mcur should be most respected who bestows the mosl blessings, here cmd now. He who lives cbundcmtly here, cnrd helps the other lellow to do the sqme, is mclcing mighty fine prepcuction lor cny lile thct ig lo come.

Emerson scid: "Thqt couniry is lairest which is inhcbited by noble minds."

And by live building merchcnts cnd home builders.

SE\|EN IJTTLE TBOUBI^ES ":-. :rr.Jro" a"*o the street. The cop on the comer stopped them, <rnd crsked where they were going. "We're going wherever we qre expected," cnswered the SEVEN IJTTLE TROUBLES. Troubles cre clwcrys expected. There never wcs one thct got "crll dressed up cnd nowhere to go."

FHA Looks for lncrease in Home Building in Northern California During 1941

Residential construction in Northern California raced into the new year at a record-making pace, and during 1941 promises to srveep forrvard to the lrighest level since 1928, according to the district office of the Federal Housing Administration.

With an increase over 1939 of 82 per cent in the number of mortgages insured on srnall homes in this area, the FHA district office reports having just closed its books on the banner year since government-insured financing u'as made available six years ago.

During 194O, mortgages were insured on 23,600 Northern California homes for a total of W1,074,70O, of which 9842 \vere new houses built under FHA inspection and requirements and financed by insured mortgages amounting to $44,362,7ffi. This compares to 12,942 homes on rvhich mortgages aggregating $57,254,750 rvere insured in this district in 1939. Of that number, mortgages amottnting to $37,594,400 financed construction of 8369 nerv FHA-inspected homes.

An additional 1080 small homes were reported built in tlris district the past year at a cost ol $2,642,539 and financed for that amount under Title One, the nel' FHA $2500 plan, rvhich in most cases reduces the down payment to five per cent and provides a repayment period of 15 years.

It was pointed out that the 63,719 homes in Northern California on which the Federal Housing Administration already has insured mortgages amounting to $237,325,765 ate providing modern and comfortable accommodations for more than 250,000 persons, greater than the entire population of any of the 46 counties comprising the district, with the exception of Alameda and San Francisco.

In view of the upward trend of employment and purchasing power ancl the existence of ample credit on favorable terms, it was predicted by Federal Housing Administrator Abner H. Ferguson that about 20O,00O new small homes will be completed or started under FHA inspection during 1941, as compared to 180,000 in 19'10 andl4Z,W in 1939.

Since approximately nine per cent of all small homes built under FHA-insured financing are located in Northern California, this would mean construction of at least 18,000 such homes in this district during the year.