Labor Day Radio Address
08/31/1941
https://www.presidency.ucsb.edu...
Housing constitutes the largest and most promising single field for private enterprise.
In the budget of the great mass of our families, the point is quickly reached where increased costs mean reduced consumption.
The long-continued lag in building is a drag on all industry and trade.
We must recognize clearly that housing will not be built if costs are too high in relation to the consumer's income.