New-York tribune., 1916-02-06
MoypM16unddhonT e. Me$zHsr, %zzzrs~

for such long time that it was waste precious tine for then
bother their heads about when the bad would set m Sne
never pictured could long spell Of bad years and
they themselves predecessors and heirs would ever experience
Coldness the of depressing realty stage This state o
reminds Of the saying Of Bill Nye What's the use OF thinking
ache when you eating unrpe fruit Now we are DONG H
strong which base scientific management S
pity all that have lay decades after the Gaze
should have been laid This explains all the agitation about
mortgages they shall take and what extent @
be first tried.
Most of the members of the Fraternity Real Estate Leaders
agreed that something be done strengthen the bu"arS
and that which grows less as the oudmg
ways help the right direction Even this sep
present watchunes the upkeep and the
Of properties covered by would De unnece
going through long period of sudden and do"n" wv
alues with just quick and sharp upward tendencies f@ M
Der most mortgages for terms of one to five years anu
mortgages therefore short that the money enae'
always the alert risk Of loss provided the loan '
sent more that 80 per cent Of the value Of the property mol
that the amortization plan will be extended TO include loans ~
three years. However, there powerful ad'
all loans brought in the plan that year loan %
newed year after year There doubt tha this r'd
feature thrust for placement into the stronger s
ton that is being made adds the unpleasant feelings Of %
already staggering under the burden Of rising taxes
on mortgages Why not consider this some other D
hear these The money lenders hold the key 20 W
is they who framed this movement. and it is they VINO a."
aside from their set pufpo M
No what the payers Of interest think Or pa" 20 " a.
if it would be very long before some kind o
the largest properties in the city in effect In
stranger such loans particularly this SO OF the '
And what crimes have been committed by sellers I'D d
his properties affected by reducbe mortgages Some " M
Tordd that the buyer never Kne" | 10
money he owned the property, could all the Judges
tell him. There should be law when mortgage
plain invalid and the seller or nder %
houd be compelled what the buyer has pau RATS
law would likely put stop the writing OF mortgage Re @
intent Of which is defraud The late justice Da!o s
meaning Of certain loan contract vi
"Sophoces could not make tail of this matter '
the money lenders are seeking first protect their OWN
that naturaland concidentaly broaden the da"s
York realty circles throughout the country es
Of the all TOO pam have
lenders real estate ana ~ s
the that is the time to readJus o ur
Don't let any try to persuade you that II Is NV m New l
suggested agitation for the amortization OF Whs
City real although it is step In the rlsh dt
problems should perform our houseNp
and mercantile buildings problems, about the
beautiful city with sharp lines of separation between Once
ing sections problems about "'a sns
and many other matters, including hat " and all 81
brokers' very big subjects to thihA - the
time. How shall fare? Don't worry. We are W."
stable realty market