ABSTRACT
This chapter needs to be read as a continuation of Chapter 5, in which the compensation question was explored, prices and compensation costs established for the period 1923-5, and the political reactions of owners examined. It opens with data on the position of prices and the costs of clearance in the main period of activity during the 1930s. It shows that prices were largely determined by rents, rather than by any threat from the sanitary campaign, and that from the owners’ point of view clearance in the 1930s took place under rather more favourable conditions than that in the 1920s. Attention then turns to profits and management, particularly in relation to the maintenance and improvement of houses, stressing the importance of time and historical considerations. The final section, written by Mona Paton, then discusses the types of landlord and management in the East End of London, the greatest single concentration of working-class population in Britain.
