The high cost building temporary houses for veterans has made the proposed acquisition by the city of Cambridge of the University owned Botanical Gardens-Observatory site doubtful, Michael J. Neville, City Councillor, told the Cambridge League of Women Voters yesterday.
Neville said that to erect a temporary house with single bedroom would cost $4200, while a two bedroom unit would come to approximately $5400. As the houses depreciate rapidly in value and the need for low rental rates is a prime consideration, Neville indicated that the project may be financially unsound.
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