The sun., 1918-11-17
Market Comes Life Suddenly and Builders Form Plans
for Active Season to Make Up for Lost Time
Restrictions Removed From Construction

The heavy and black war cloud which
hung long and low over all Europe cast
its darkenins shadows over the city to
wishes of may people who were de-
slrous of owning and occupying cosy
little homes OF their own In near by
country places. Tho wars influence
almost brought suburban trading to a
standstill, but there was sufficient con-
ndence in the hearts OF the developers
20 pursue their. determination to build
as many homes as they conveniently
ress OF the war. They are now jubilan,
over the prospects that the suburbs will
soon experience revival OF interest
which will mean a healthy. substantial
growth.
This optimism which 10 30 prevalen,
among suburban developers Is based on
the cessation OF hostllities In Europe
and is in reality reflection of the lift
ing OF the restraints which have long
curtailed building and buying in the
suburbs. great buying power has been
released by the order from Washington
TO stop further conscription. Suburban
realty men claim that the order affects
that class OF men between the ages OF
81 and 40 who have reached the "set.
Ting down" age and who form tn,
chief source OF prospective country home
buyers. They argue that men OF these
ages, who usually have strong family
ties. were removed as possible home
owners when the CONSUMPTION age wal
raised because II was natural for them
20 refrain from contracting to purchase
homes while the war lasted. Inclination
TO buy mas been indicated strongly; IN
fact prospective buyers have said tina,
possible conscription was the only reason
which kept them from carrying out their
wishes. With the signing of the armis-
ttcc this restriction has been removed
and inquiries and sales are daily In.
creasing. One sale which depended upon
me cessation Of hostillties was closed
within twenty-four hours after the Aus
trian armlstice had been signed. Tbt
Buyer, by his quick action, gained the
advantage OF securing house which had
been constructed OF materials secured
before the rise In building costs
Another influence. directly due to the
stoppage of the war, and which adds
greatly to the prospects Of larger activ.
ity In the suburbs. Is the new rulings
laid down by the War Industries Board
II has issued orders permitting building
which does not cost more than $4,000
70 proceed without permits other than
those secured from the building bureaus
and has released building material man.
ufacturers from the restraint or produc.
aion and granted dealers permission Ia
supply operations which do not exceed
the cost Of $4,000. The War Industries
Bosrd has also given the local bodies
working In conjunction with Il, the
power to issue permits for building
operations where the cost Is more than
10000 but does not exceed $4,000
These two Influences are perhaps the
greatest, but others which go to make
Up the whole have much bearing on the
outlook. One suburban developer said
that patriotic people who have been
placing their funds In Liberty bonds
will have the opportunity OF owning
their own homes II they choose to par.
with these bonds The bonds will in
most cases be accepted at their face
value, the reason for the willingness 10
take the securities in lieu Of cash being
That they are accepted by banks as frs,
class collateral and the developers can
readily use them to secure loans and
proceed with their operations
How great the return OF interest In
DupuiudH IlSV De Facn from
ths assertion OF a Long Island developer.
He said that since the close OF the war
more people have visited his property
and more inquiries have been received
than during any one week since the
United States entered the conflict In
fact he was so enthusiastic over the
prosrects that he started out imn,e-
diately to make arrangements to build
homes on a larger scale than he had