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'Housing for Elderly' Colled Lorge Mqrket for New Homes

Reading a message from FHA Commissioner Norman P. Mason, Deputy Commissioner Cyrus B. Sweet told the assembled builders at the recent NAHB Spring meeting, "Let me make one thing crystal clear. Some of you have been reluctant to work on housing for the elderly because in one of its major approaches it is set up for a non-profit owner. This phase of the program refers to the operation-not the building.

"As a builder you can interest a non-profit groupa church-labor groups, etc., and do the work for them and get properly paid. You can in the normal course of your business be of service to your communitv. You at no time need to become a part of the non-profit gioup."

Most of the families consist of two persons, which means that they need smaller accommodations. One in every five has substantial assets; average net worth is about $4800. More than 65/o own their own homes. Of these, 4O/o live in homes probably too large for them, but which could be sold al-d the equity used for buying a smaller, more modern and efficient home.

."Too many people think of the elderly as a single group wtth the same charactbristics," said a speaker. "Actually, there is a large age span between retirement and deathperhaps 30 years-and their desires and needs vary greatly. Some want to live close to home, others want tto go [o warmer climates. The fact of the matter is that a market for h_omes for older persons exists in every city and town in the United States." -

There is a tremendous need for accommodations for elderly persons at rents or monthly payments of from $40-50, said Mrs. Mary Cleverly, Houslng ior the Elderly repres- entative for the FHA. She said thit pressures are'growing for a much greater volume of moderafe-cost housin{for thi

Deolers Find Gold in Golif. Housing

"Living for Young Homemakers," the popular magazine, studying detailed reports on 1957 construction in California, found that: Of 152,000 housing starts in metropolitan areas (16/o of the entire U. S. total), some 81,000 were in Los Angeles-Long Beach area; t8,252 in San Francisco-Oakland; 16,100 in San Diego, and (surprise !) more than 16,2W in the San Bernardino-Riverside area.

elderly, and that the Housing Center meeting showed t-he awareness of home builders to-this challenge.

"Providing good private housing for older persons is the same as providing a social service," declared Joseph P. McMurray, commissioner of the New York State Division of Housing. He pointed out that in New York the cost of a hospital bed to maintain an older person was $20,000, whereas a good home could be provided for that person for half that amount or less.

McMurray pointed out that surveys of older people in hospitals in New York showed that at least 2O/o would not be in these hospitals if they could find adequate housing for themselves.

"The market is a large market," said McMurray, "because there is a large number of older families who can afford decent private housing. However, there is a dearth of knowledge on the subject and I hope both the National Association of Home Builders and the Federal government will undertake to educate large charitable and educational institutions, and community leaders in the practical possibilities of building homes for older persons."

If you can't be careful with your smoking halbits, take up deep sea fishing you 'can't burn down the ocean. Keep the Redwood Region GREEN.