Omaha daily bee., 1917-06-10
THE BEES BUILDERS PAGE
ALL SIGNS SAY TO
BUY REAL ESTATE
lYour Property Is Sure to In
crease in Value at Rapid
Rate for Next Five
Years.
By LLOYD N. OSBORNE,
of Osborne Realty Company.

There was never a better time in
the economic history Of the United
States than now under the present
conditions to go into debt for every
thing and for real estate in particular.
With foreign nations borrowing
previous undreamed-of sums and the
United States starting to finance
campaign that will ultimately surpass
them all, the small debtor may well
feel that he is in harmony with his
generation and he is certainly in good
company.
We are beginning an epoch of in
fation with its inevitable high prices,
high wages, high cost OF living; in
short we shall soon be floating on a
high tide of prosperity covering every
line of endeavor. Economists show
that such a condition is always ac-
companied by easy money and easy
credit.
Money at Low Interest.
At this particular time in the
worlds history money will be forced
to take a low interest return. The
governments OF the world absolutely
control the situation-they are the
sole competitors in the money mar
ket and money will either be given for
a low interest rate or they will con-
fscate it. We cannot see our allies
with their billions OF dollars OF debts
go bankrupt-they are too closely
allied to US financially to allow that.
The only way the present govern
ments can pay and will pay must be
by a deprecated currency; money
that has been loaned them will be re-
paid in full, but its purchasing power
will not be equal, probably about one
half its former value. This is in line
with present high prices. By 1920
wages will probably be double what
they were in, say, 1918, the year be-
fore the war began. They must be
with wheat continuing at 81 to s. a
bushel, bacon at 45 cents a pound, etc.
Boom Has Started.
Real estate is always the last thing
to respond to a general boom and
there are already growing indications
that such boom has started. The
average property owner may say that
he does not have to build, but for any
additions, repairs or improvements he
will have to pay the price. The
will cost him So thousand, where
three years ago he paid So; garage
for his new car will cost him $3.50 to
$500, where before he paid $50, and
tho difference in value between the
old garage and the new one does not
make up the 100 per cent increase.
The old garage is worth within 5 or
10 per cent of the price of the new one
the value is there and the owner
knows it. When the home owner
looks around to- see what it will cost
to get new home, he will raise the
price of his old one, and the man who
goes into debt now and gets full 100
cents for his dollar under the old
prices will be paying the mortgage
back in currency that during the next
five years will only be worth 50 cents
for its new purchasing power; yet it
will count for the full dollar on his
debt.
Wise Men Buy Real Estate.
Far-sighted investors all over the
country are not investing in mort
cages or longtime paper, which when
repaid will only give them their
money worth one-half its old value,
but are putting it into real estate.
improved property and ground that
will hold its own value and keep pace
with the general advance. The man
who is buying his home on easy terms