The Commission proposes radical changes in the structure of institutions supplying residential mortgage funds. By massive broadening of their asset and liability powers, the thrifts are to become quasi-banks. The resulting housing credit gap is to be filled by multipurpose lenders, notably...

The growth rate of residential capital in constant dollars shows a downward trend. Its decline since the early postwar years conforms broadly to the growth retardation found in an earlier study for the 1890-1950 period. The article analyzes the forces associated with the slowing rate of real...

The article analyzes the cycles of total construction and its major sectors after adjustment for the varying growth trends of real expenditures. Fluctuations in GNP and business fixed investment serve as "reference cycles." The findings elucidate the relationships between cycles in total...