El Paso herald. (El Paso, Tex.) 1901-1931, 1920-01-15

. seeing that buyer and seller alik,
were treated fairly. He said tina
. this had been the rule I'm Fl Paso ant
I it was one OF the reasons why J.
{ Paso has grown so solidly.
The Winning Triumvirate
4lr. Martin said the real estate men
the banks and the newspapers could
make or break any community, aud
that in FL Paso they had Joined hands
and had made It. He paid tribute "a
the realtor who builds homes 10 sell
on easy payments and said il had re-
suited more than any other one thing
/ in making FL Paso q city OF home
. owners and Incidentally Of better
( citizens, for home owners" he said
I always take q greater in their COM
munity and their jobs. and help 10
make city stable and substantial
Mr.. Mari said the real estate men
. had not been eNorbitant in their
charges for land and rentals.
He said the average Increase in
rents in IL PusO since the war
began has been 10 percent. while
throughout the United states the
average increase has been = per-
cent.
He said il was not q question OF
how much a house would cost now,
but whether the material could be
secured TO build one. People will
grab them ar what they can get them
for" he said. ~and this viii be true
FOR the next three or four years. be-
cause production is behind the de-
maud for building supplies. Eighty
percent OF the cost OF a building is
labor and as Ions as labor remains
high. building VIII be high"
Plate Glass Plays out
He said IL was impossible 10 get
plate glass in the United States. and
that l. W. Hoffecker had gone 10
HanNUfHHrn ard NHn.hNnnrH 70.
try TO get a supply.
A. Fl. Anderson said houses We're
selling cheaper here than elsewhere.
regardless Of the high cost Of build
ing. He said a six room bungalow in
Dallas was costing around $4,000
now; he recently saw bid for this
price submitted on one.
Air. LeBarOn said the realtors as a
class are not responsible 70 them
selves alone, but "in this organization
Of ours is represented millions Of
real estate values and we. as agents.
are the guardians Of those values"
He predicted that this would be a
year Of great Development in this
country. especially in Fl Paso. and
he said. TO help it the realtors must
assist in getting a permanent. cheap
water supply from Elephant Butte
dam, by means OF the high line canal;
that the smoke nuisance should be
remedieds the chamber OF commerce
must be cooperated with in bringing
new industries here. that more dis
tributiug houses should be sought;
that the realtors should back the city
planning commission and that serious
thought should be given 10 the hous-
ing problem
Housing Problem
Families are actually leaving here
because they cannot secure houses
he said. This republic OF ours he
continued. iced have no fear for
the future provided IL becomes a ma
ton Of home owners. Rents is
question that we cannot side step
Rents have gone up and they are the
largest single item OF the American
household Rents are subject 70 the
same economic laws as other eN-
penses IL seems 10 be imperative
that the practical real estate men and
builders OF the country put their
vital question OF proper housing az
equitable rents"
ne also referred 20 the power 20
tax as being "the power to destroy,
and said proper appralsements should
be made He urged a commit tee Of
real estate men well versed on values
to cooperate with the assessors
Entertainment
Miss Hazel Chene and Miss Grace
Wolfe. Of the AIhambra, entertained
the realtors with songs and dances,
accompanied by the Beyerstedt or
chestra. and later Seth Orndorft
brought up "the county Jail quartet"
70 sing for the diners This quartet
is composed Of Blue" Wilson and
three other men OF color.