South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-04-27

IN SOUTH BEND.
Estimates of Department of
Labor Show Deficiency of
$44, 49,, 029 in Indiana.
The United States department OF
abor estimates the building def
nency in the state or Indiana 20 be
l44,4S2,O2s and for this reason Is
aking a keen interest IN the own
Your own Home" campaign being
organized by the Indiana state
Chamber Of Commerce. The infor-
nation and education service in the
department. Of labor has just issued
he following analysis OF conditions
ln Indiana cities the study having
been made by the division OF pub
&c works and construction develop
nent:
Condition I'm indianapolis.
Indianapolis issued building per
nits during the last four years
whose. totals. when reduced to the
basis % 1918 prices. are as follows.
1915........-$ 1O.969.549
1916. 12.411,149
1917......... S,195.S87
191S.......... 4.558.676
The last two years. when com
pared with the first two. show a
Joss IN construction amounting TO
if0.626.135.
The real estate board OF the city
states that there is very good de-
mand for houses and apartments,
especially the latter. Information
coming 20 the American Architect
also indicates that there is a short
age Of buildings generally and es-
pecially Of residences The price OF
land suitable for building purposes
mas remained practically unchanged
since 1916. Rentals Of residenc es
have increased between january,
1916. and January, 1919, somewhat,
but on the average less than ten
per cent: while store and Office rent
ais have increased hardly any. The
Increase in the cost of building since
1916 is estimated at about 25 per
cent. The normal increase in pop
Jlation is from seven 20 ten per cent
per annuul, according 70 the real
estate board.
Condition I'm south Bend.
South Bend issued building per-
rits during the l1st four years
whose totals. when reduced to the
basis OF 1918 prices, are as follows:
1919. ....... 81, tSO,459
1916........... 1.670,60O
1917............ 2.341,131
1918 926,277
The sum Of the totals for 1917
ana 1918. when compared with those
Tor 1914 and 1916, shows a loss in
construction amounting to s1S3.637.
The real estate board of the city
believes that there is a demand for
one thousand new houses and one
hundred apartments, but none of
Importance foI, stores 8 and offices
The price OF building land remains
unchanged and the same is true OF
rentals OF stores and Offices, while
rentals of dwellings have advanced
about ten per cent. The cost OF
building is estimated TO have in
creased thirty-three and third per
cent The South Bend project OF
the L. 8. housing corporation was
one OF those abandoned upon the
signing OF the armistice. The fact
that the corporation planned work
Of this character confirms the need
Of additional housing. The proposed
Increase OF the plant OF the Stude-
baker corporation VIII make addi.
tional housing still more necessary
The estimated increase in pOpula-
tion in recent years has been about
two thousand annually. the tota
population according 10 the 1915
census having been about hfty-fOul
thousand.
Condition i'm Terrts Haute.
Terre Haute issued building per
mits during the last four years
whose totals, when reduced to tn,
basis of 1918 prices. are as follows
1915. s77.952
1916. 1.133,70S
1877. Cos .53S
455.729
The last two years, when com
pared with the first two show a los
in construction amounting 10 1857.
S13
The real estate board OF the citl
says that there is a demand for Of
fees houses and apartments. bu
none for stores. The demand To-
houses and apartments is described
as urgent. The building inspector
specifies apartments and working
mems dwellings as needed and give
as reasons for hesitation IN carryini
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