News

The Path to Public Service at SEAS

News

Should Supreme Court Justices Have Term Limits? That ‘Would Be Fine,’ Breyer Says at Harvard IOP Forum

News

Harvard Right to Life Hosts Anti-Abortion Event With Students For Life President

News

Harvard Researchers Debunk Popular Sleep Myths in New Study

News

Journalists Discuss Trump’s Effect on the GOP at Harvard IOP Forum

Sprague Asks Reduction of Unit Costs of Construction

Talks at Harvard Club Before New England District League

NO WRITER ATTRIBUTED

"There can be no housing on a considerable scale unless the unit costs of construction are reduced," Oliver M. W. Sprague '94, Edmund Cogswell Converse Professor of Banking and Finance at the Business School, said Saturday night at the Harvard Club before the New England District League of Federal Savings and Loan Associations.

The former Assistant Secretary of the Treasury urged concerted action by producers of building materials to hold prices down. He stated that "business organization is inadequate for housing on a large scale."

If prices can be kept down, agreements with unions can be made to prevent undue advances in the already high standard of wages, Sprague said.

Want to keep up with breaking news? Subscribe to our email newsletter.

Tags