Statement on the Sit-Down Strikes in Michigan
10/24/1938
https://www.presidency.ucsb.edu...
Of course that is not free competition and the thing is not working.
Obviously, just so long as you have to pay exorbitant real-estate prices in clearing slum properties, you cannot put up any new buildings on...
We have to find some method of restoring competitive bidding.
Our difficulty in giving Federal aid to the majority of cities that need slum clearance arises out of real estate values which are very larg...