The Birmingham age-herald., 1912-07-18
GOOD FEELING IN
 REALTY CIRCLES Era of Construction Is a
 Strong Factor VALUES ARE STABLE 
VALUES ARE STABLE
Real Estate Men Think Tax Contro- versy Will Not Have Any Serious Effect on Those Seeking
 Investments
By n. F. LUssIER

The building boom initiated at the beginning of the year continues A glance at the long list of new busi- ness buildings and residences spring ing up in Birmingham reveals the fact that Birmingham is having more sub stantial improvements In all lines of constructive activity than any other city of It's size in the south
 This. era of construction has Is no means reached it's zenith. Plans are being filed and building permits taken out daily for residences, commercial buildings and modern improvements to old buildings.
 / Suburban development is by no means being neglected Tho suburban land companies are taking care of this in crease in home building in a manner that speaks well for their integrity and civic purposes. They are teaching the people now to live by building sanitary homes constructed so as to give the occupants the best possible living con ditions.
 The present tax agitation is not alarming real estate men, but they de- plore the publicity given to the ex- tensive increases of the state tax com mission and those of the county tax commissioner. They reason that the in- vesting public read the first announce ments of approximately a $60,000,00o increase in taxation in Jefferson coun- ty and that naturally it had a depress- ing effect on real estate buying But
 
 vestors that in the present trials be- fore the board of revenue only about 10 per cent of the proposed increase is declared valid. And that. according to the real estate men, is just and really represents the increased valuation of Birmingham realty.
 T. C. Beatty, general manager of the Birmingham Realty company, said As soon as the tax question is settled amicably l look for a substantial in- crease in the buying of real estate Bir- mineham is enjoying an era of pros perity that is not surpassed by any other city in the south. Birmingham Is doing more heavy developing than at any time in her history. There is no question in my mind but that the underlying conditions are in an ex- tremely healthy condition and with the iron market in good shape I cannot but predict continued prosperity and rapid growth"
 "The Improvements in the city of Birmingham are the most substantial of any city in the south," was tho statement of R. A. Brown. Real es- tate activity is not affected by the presidential campaigns and it is my belief that real estate values ate on the increase. The increased taxes after a fair adjustment willy not deter in yestors from the real estate market. The building Of two magnificent ho- tels and the completion of the Amer ican Trust and Savings bank building along with other improvements makes it appear 10 me that Birmingham is enjoying the most substantial era of prosperity l certainly have great faith Tn it's future"
 The concensus of opinion among real estate men on the taX question is tha. while the agitation of the tax ques- tion might disarrange real estate deal ings temporarily. at the same time, when it becomes adjusted and the own CTS of property become satisfied, they all look for increased activity in Al lines of real estate