The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1913-04-28

NOlhSI Ot iiC lnQn8SAPoA
ity makes "a standard price for all n
assessing the work.
modern plain brick three or four
story tenement for laboring men and
families is the only solution OF this
question, not only in Keokuk but
everywhere 1t has been the only way
they could rent and live in larger
cities where ground was very valu-
able, but building has always been
about fifty to one-hundred percent less
than it is today. In keokuk and other
towns the cost OF the ground is not
high but the cost of building has in
creased two to three times what X
was ten years ago. We must there
fore come to the conclusion three,
four and five room apartments must
/ be in tenement houses where every
thing which enters into the construc-
! ton of the house is bought at whole
sale and where heat light, ETC.. is
/ sold cheap and where there are baths
and toilets, ike in a hotel
The prospects are that lumber will
always maintain its price, and climb
up a little. And | do not believe the
time will ever come again when you
can build cheap. Unless OF course
! wages are cut fifty to one hundred
per cent, and after all labor constr
trtes the cost OF home. So IL you
contemplate building there is no use
4 in waiting for reduction in cost
That will not come in your time.
I The best thing is to all pull 10
,I gether and make up your minds the
), DAYS for cheap houses are past TOT
the reasons given II any man car
put up a reasonably modern foll
room house and rent for $1,000 pei
month he can get jobs to put up mil
i lions OF such houses all over thls
j country. 1t is unnecessary for him t
t put in his time in Keokuk.
81 st. Louis has been cited. Yes, OF
5 olive street and other streets Their
Z you will find thousandS of old out Q
: date, patched up, added TO, remodele'
a old houses built fifty years ago which
: no one rents for very r-asonabf
l. price. But thousands OF new house
r are being put up all the time an
;, rented.
q The price of labor, and material !
ST Louis Is about the same as ket
kuk. And one cannot build very muc
n cheaper there than Keokuk, an
st ground surely costs more. Umortnl
e ately everybody in Keokuk wants t
id get his or her residence In yer
,e congested neighborhood While 1t
n very convenient, but by going out
ct nile, lots are to be had cheap. Their
al are hundreds of fine ideal vacant lo
IL on the south side of town at cfea
q prices. There should be no sentimel
OF against locating among these hone
ut common people Who are the salt
ne the earth and the producers OF car
tai. Why not try the experiment
,or building dozen four or FIVE roo
Is modern houses to rent at $500
an month anywhere on the south side
nd the city. Keokuk is destined to /
.er- come a great city. The matter
rk, building homes for the common pc
zen pie is largely In the hands OF sayin
low banks and loan companies who p
,alf up houses and sell on payment
: Is about fifteen per cent down and
use much per month until paid for. Tn
mes. is about the only way man Of SIN
ants means in the larger cities and ma
new of the medium sized towns ever
rea- quire a home now days. 1t is up
part some good loan and building assoc
And ton to further such an enterprise.
four all must remember the loan compa
for viii ask six per cent per annum
lots 1t is only investing the money OF
here depositors who have contributed
ad a same in small sums and they a
each, want their interest. But here is
is is idea to work out Why not organ
YOU savings and loan association TO
treet this in Keokuk
rage, a HOME OWNEf
nat Keokuk, Iowa, April %, 1919
'hese Rn.ia... 49,,
, o,of ''Sii'