The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1877-03-14
OR IL H n T.''
There's a Better Time Coming.
A Little Talk With a Real Estate Man.

To those of our readers who are inter-
ested in the subject of house renting,
especially this time of the year when
thousands are on the hunt of strange
quarters, the following brief interview
with real estate operator who has had
fifteen years experience in the business
OF housing other people, will not prove
uninteresting.
Said STAR reporter to the above
mentioned gentleman yesterday:
What's the status Of the house-rent-
ing business this seasonT
"lVs getting lively, sir, getting live
What kind of dwellings are mostly
in demand nowW
"Ihose that will rent cheap. Dwell
ines that will rent from $2O to $40 per
month are in excellent demand, and
Will continue to be for the next few
years"
"Why SOP"
'olmpty because the families that are
now nVlng in large houses, at the top of
the pot as you may say, are beginning
10 manifest disposition to curtail ex-
penses, and they are on the lookout ior
just this Kind OF property"
"Fhe big houses won't all be deserted,
will they?'
'Ot course not. But it's a fact that
the demand for those renting for $5J
month and upwards has deprecated
tully twenty per cent within the last
year."
elias the renting season begun yetpi
yes. But there are no small houses
In good condition to rent just now.
When renter gets one he hangs on to
II. Why, L could rent dozen to-day il
lhad them"
"the kind of houses you speak of are
getting scarce thenY'
"EXdctly; and there's but one way to
accommodate the rapidly accumulating
numbers within the limits of tue city
proper, and that is to introduce the
building of what in the Eastern cities,
notably New York and Philadelphia,
are termed 'nAts'"
"Be kind enough TO describe fiat"
swell, sir, fllL' is a building built
with especial reference to the accOmmO-
uatlon OF several families under one
roof, each family having Il complete suit
OF apafi mantS on single floor. That
Would obYiate this difficulty of scarcity
OF houses, and tenants would be better
housed and at less cost than now"
Are there none OF that kind in this
cityw
But one, and that is the handsome
structure but recently tinished, standing
on the northeast corner Of Seventh ana
John. am certain that il the plan was
introduced here it would speedily be-
come popular. Or, take the stvle in
vogue in Philadelphia. There you eau
see row after row OF handsome tw,-
story brlck houses with from five to
eight rooms. If capital lists would only
Dulld that Kind here, their investments
would pay ~ per cent. a year. Such
houses can be put up Tor $1,000 u piece,
ana they would readily rent for $2j per
month"
What about business houses. Do
they sllll hold their own prices?:
mo, SIT; store rents have deprecated
greatly In the pat year, except those
on Fourth and Filth streets. Down in
what is called the 'Bo.toms,' say from
Ihlrd street to the river. rents have me
down fully % per cent"
wv hats the trouble 2"
"General stagnation OF business, in
conjunction with high taxes"
DO you anticipate a healthy coudi.
tion OF The general real estate business
soon?"
~ do. Our prospects, and have no
doubt the other dealers can say the same
tnlhg, are better for the approaching
season than they have been for four
years past. just now the attention of
prospective buyers is directed to the
western Hllls, place where, until
within very brief time, they have been
in dormant state. The people seem to
want to get out OF the dirt and smoke of
the city oplaces where they can breathe
pure air and can Keep their own and
their chlldren's iacGs clean without too
great an outlay of soap and elbow
glease. In the city, here, the recent
ShllIlt0 purchase has given an impetus
10 The demand for real estate in uesir.
able localities, and things have taken
on u really hopeful aspecL within a few
weeks. There's no question about it.
Sir, the day Of high rents for undesir.
able property has gone BY, not to return
l nope during our time. The time OF
year is fast approaching, you know,
hhen over one-third Of our population
Will be on Wheels-that is, moving to (to
them new houses, and l am satisfied.
from what have here but lmpertuctly
alluded to in connection with the sub
Ject OF 'rents,' that the III vers will
get better quarters at more reasonable
figures than they could nave doue this
tlme last year. And nope prices may
tumble still farther yet."
DON'T Adultcrate Your MILK,
I.l.. -