Grand Rapids morning telegram., 1885-05-14

Real Estate Dealer News % the Sits-
alton. Present. Past aao future

Rsal Estate Dealer News of the Sits-
alton, Present. Past aao Future
A segssssntaaye II TzE TkLEszA4 net
pso1ninsut real estate lsaisr yesterday znd
inquired u ne gentleman the present -ld
prospeetIse co1altloa II real estate u shls
elty
'sslss more aesIss. rspiied the dealer,
..tl.sb darinz Tia corresponding month last
year.
How dos tlas sensdals u rsn1s oompsrs
VITA Ihat of llst season r.
As raja reats are % higher, Jet there -
a stronger asuaand for small houses.
vii there bs a. maen building tufing
the present ssaaoa a. Lasl yeart''
Yea. there Eill be more baildinss crested
before sn0< dies agaIn than we're ballt Ia 81
These houses zFs being pat ap mostiy by
meoh4nies Or saze-~orkers. and Per eent
of Tue los vii be owned ~ the oecupants.
For the past year Or tso lOtz Ia The soath
eastern portion of the eity have been IA brisk
demand tor banding upon. The fact =, unless
tho hin people take some decisive measures
u check the ruzh 70 the southern portion Of
the city they vii 5000 md themselves out
10 the couatfy and their property unsuitable
The cable road, for instance. would do much
toward booming property on the hill Then
IL proper effort we're made, believe that Tie
Common Coaneil could be made 10 see the
advisabihty OF condemning the blum Just
north aud west Of the rvservOIr for public
PARK The hiIl i really the most desirable
residence portion OF the city. but | ind that
people are obisetlns more and more 10 it
Or rather u the laek OF conveniences for get
I ting on top OF II. Experience has taught me
- take customer ia a roundabout way
7 when 1 show him piece of property IN that
vicinity"
la there an organization Of real estate
f dealers ia the city,
such an Organization IL being considered
and will probably be perfected this week. 1t
will DO great benent 10 u IN many ways,
not the least Of which will be the ability Of
biacklisting dead-beat tenants; BY the
agency Of this society We can soon
have them booked The usual commission
paid real estate dealer for renting house
t1E "A tAtlt q. TIC AtNt HNNN = AtAef SC-'N
queutly some agents inquire no farther than
a. to the ability of the applicant 10 pay the
frst week > rent in advance. BY the way
the law relative 10 landlord and tenant u
/ wholly uneven and manifestly unjust.
tenant may hold possession of house with
out payment OF rent jnst 30 long a. he car
drag an eiectment suit through the courts
Our organization will endeayor TO equaliz'
rents. make rates and establish prices, a
near A. may be. throughout the city. Ii vii
be IN conjunction with the State organiza
ton"
"Do you believe that real estate will con
tinue to advance in price in this city for tn
next ten or fifteen years.
Yes sir; It l. my candid opinion tha
never IN the history of Grand Rapids ha
there been better time TO buy real estat
than at the present moment. | cannot Sc
a single reason why Grand Rapids shoul'
take backward step, on the contrary, | se
scores of reasons why the city Is bound I
steadily advance and prosper. Money IN
vested IN a lot to-day to be held as an IN
vestment for ten years, taking into accoun
all the special and general taxes to whic
Grand Rapids lots are heir. Is better tina
placing It in stocks which pay ten per cer
annual diyidends-'