El Paso herald. (El Paso, Tex.) 1901-1931, 1920-07-14
BETTER TO BUILD OR BUY A HOME
THAN TO co ON BORROWING ONE

TO ACQUIRE a permanent home OF at least to have a
roof one can call ones and hold the house as a
good investment, is the ambition Of and women who
order their lives wisely and look into the future Real
estate is the foundation Of al permanent investment and
accumulated wealth and capital; sometimes directly some
times indirectly but the possession Of part OF the ano SUI
Of earth the best guaranty Of security and pro-
lection against disaster in the family.
The amount of land available for particular use IS
limited there is no increase IN disable area except tt
which from the constructive works Of man. and the
Of the land takes toll from al the aDoT that men
do accumulate and better themselves the owner does
own development better off, but gains his
Increment from the general growth of population and
spread Of civilization, though he may contribute moth
ing himself to the general good. That is economic fact
though may be economic law economic equity
Il lies within the power Of most persons men and
women, in Community like FL Paso to acquire land and
home. Wage workers and salared persons can, if
they VIII save enough out OF tner earnings 10 make tne
moderate payments commonly required under prevailing
systems, pay for homo By cooperative effort money
be advanced and interest rates kept down. that IN
the long the cost Of acquiring ownership Is no more
than the cost OF paying for long Of years
Whether VIII plan his own home and build it to
suit his personal ideas and preferences VIII look over
the market and buy a structure that else has
built is matter Of personal choice and Of the market
conditions Of the moment The ideal home that
Is bought ready made but that Is carefully planned
and that grows WITH its owner An ideal home expresses
personality and this is rarely possible with house that
one buys ofhand In an ideal home, small large, there
are introduced many little touches that express lifelong
yearnng OF pressing desire need, for comfort
veuenc and general usableness Sometimes these be
obtained by making readybuit house, but the bet
way, If would have that indeed personal
expression and intimate part Of life is to plan infinitely
and lovingly, and work ont the plan for ones self.
This is not feasible in al cases. and is fortunate for
large proportion Of home makers that there exists
thorough system Of building houses for sale that well
built homes that have been carefully planned the
market rom time to time by Of their leav
ing the city OF acquiring homes.
Some tine ago The Herald remarked that just at tkis
time It is cheaper to buy than to build that is that the
selling market Just Is lower the average than the
COST OF buying lot and building house exactly Ike the
offered for sale that may catch ones fancy Some
building material have contested this statement and
declare that the building OF replacement cost today is
lower than the market price Of homes offered for sale
People VII have their ideas about this gained from
their own experience But It is interesting topic Of dis
cusson interesting to prospective home and
building contractors, material men, wage workers and
realty dealers So It is worth while present the point
Of view Of the material men with chance that other
phases Of the Gown your hoe problem nay be brought
is asserted that assuming identical house-plsus IN
either case new house be built actual saving
over the purchase Of house already built when one takes
INTO account the life Of the old versus the house
One must consider how long It VIII before an old house
VII need paint inside and out, floors renised roofs and
neys repaired and On and compare these costs with
me cost Of the up to date new building al fresh and in
perfect repair.
The material say that contractors VIII today dupi
ate particular job at fair figure, and that anyone con
derng the question Of buying building VIII do well to
compare the quality Of materials used They also call at
enon to the fact thst large proportion Of homes are
built b. firms to sell and that the operating firms neces
y add considerable profit to the actual construction
COST before naming their prices. All IN al they fatty
ssert that sit is not cheaper buy than to build and
never Is except in times Of depression
A4eanWHlles both buying and builiing 20 merrlv on
1e = Faso building contractor and building trade work a
Ian IS Dusy ana every material and supply house selling
ong orders daily This condition is common in the south
vest Phoenix for instance Is building more residences and
BUSINESS blocks mouth BY month than before in its
ns5oIy' and so with many other cities and towns.
The fact is southwesterners VIII have what thew want
ne they want It and price does not cut much figure with