Every evening, Wilmington daily commercial., 1918-06-24
PROPERTY OWNERS ATTITUDE.
Some Owners and Agents Favor General
Conference on the Rent Problem.

Some property owners stated today
that ihcy would institute court proceed
lngy TO disposscs tenants, except those
empoved IN shipyards. whose leases OF
dwellings expire tomorrow and who retuse
tu Vacate
Considering the subject from a legal
standpoint, Philip l. Garrett. attorney
At law, said tenants who IRE not shlpyard
workers and whose leases expire tomorrow
must vacate # thcv have been given proper
notice To move.
Some property owners stated only
tho tenants side 81 the aase had been
heard they thought thr property owners
side should be considered also
Members of the Real Estate Brokers.
Association said i bad never recefved any
communication nn rent profitcerng as .
body
some property owners suggested that
the government conmAndcer dwellings
MANY of the real cstatc agents. Il las
hrcn learned have for weeks been aivis-
ing ngfinqt increase IN rentals beyond
What was considered necessary 10 meet
Increased expenses
Alfrcd II Nfuore 81 the reai estate firm
of Gibbons Il Moore, considered well IN
formed rs 10 the situation. thought there
should hr conference q government
oflcialq and representatives. of hunks aud
tr,Iat COMPANIES. the Centta Labor ! mon
and tenants
The undue notoricty glvcu 10 the
action of certain individual owners OF
property IN Wilmington ~ attempting To
raise the rental nf their property beyond
reason Is a most unfortunate occurrence
Tor the very large MAJORITY oi owhers vino
J. > tFFf4fr
ants. Mr.. Moore said ! am mol quite
clear IN nv own mlnd rs 10 the exact
number of separate Ilcccs ol property
assessed IN the CITY Of Wilmington. tut |
think il il between y 600 and 1900 and
my recollection is there X something like
Is 600 or rs .OoO separately assessed names
on the CITY tax lists of the Northern and
Southern districts Ii this bc 50. and
assuming for the purpose Of our subject
that 10000 houses IN Wilmington are
under rental. from personal experience |
would bc greatly surprised were there 300
eases of absolute rent profteerlng IN " II
mington If this number does exist It = i
terrible inusticc to the other % per cent
OF landlords IN Wilmington, who have Tor
ycar~ been investing their money tn real
estate. building up the city many OF whom
have acquired their investments through
onr savings banks and loan associations
by their monthly savings
There is undoubtedly reason for
increasing some rentals the extent 10
which this increase would he justified
would. in my opinion he mathematics
calculations owing 10 the increase IN taxes
and the increase IN the upkeep cost al
property To my knowledge the large
ma jorlty Of real estate men have stead
fastly advised against abnormal rent values
and have no desire 10 uphold any ndlvld-
uAl in his actions IN creating such II coli
diton as the mind OF the general public
has been led to believe exists IN Vii
mington am sure that a conference on
The eubj,ct by proper officials ol
the government, representatives ot the
banks and trust companies, who hold suet
large amounts III mortgages on the
properties, the Central Labor lnlon OF
any other representatives OF the tenant
who feels himself unIustiy dealt with
would result IN satisfactory adjustment
OF the matter to all parties concerned.