New-York tribune., 1922-12-31
;late Board
Plans Home
Campaign
al Urge Ownership on
People and Measures
for Equitable Taxation
an the Legislature
,n.Tanc.v M. Ellis

,l,slon Of Real Lsta1e no~'u'' -
.,,p,ly located in Albany is IN
-, touch with conditions IN the
through is twenty-eight affiliated
..,,ts boards located IN the prin-
,,,,,, Of New York. From ad-
,,c,lvea I am convinced that the
- real estate market throughout
80, q rapidly becoming stabiiizeo;
$50. large demand for residential
a,ie properties. in some sections
~ f'... rom being supplied, and
fAh 20 .,siVity In business property
hssi.ns wssrsce money requirements
slissh 80 In most sections by the
sfs p'..st p's.t, ard lending institutions,
tfn M, ~ money market IS firm
.s,r, Is 10 Complaint on inc part o.
b'rfo-SS.. -SS.,,,s5 fcr improved property al
~ I.-.,~ 80 hIrh prices has been almost
Hth..s5s ss5ssrted. due without doubt 20
snpi..-slt sp,... slst these prices arc still far
~ -. -, ~ cost Of production. II would
~. 81 must continue until these
'eoA' s,r,,, more nearly approximate
e.lsr. In almost every element
~ ef,,s@a,siruetion costs remain high, due
~ excess Of demand over supply
y. isbor and building materials, and
80, seems 20 be no relief IN sight
9fosgh lower prices. 80,
~. ~ housing shortage IS still general
IN ths cities Of the state, but IN
-, sections Is steadily being over
- through pronounced building ac-
s.isles Rental values are firm and
III 40 remain until there Is surplus
y ,,utsl space IN all classes available
T,irg the last two Legislative sessions
4. ,ists realty organization success
Eilv oupOsed numerous measures
An sought 70 inhict property owner.
IA WITH several different brands OF
,-5slng control. II stood strongly on
4, ground Of economic supply and de-
md IN the housing situation, and the
,y,snt clearing atmosphere in this re-
r,et Is justification for its attitude,
"a housing measures proposed would
hvs inflicted real property with
rmendous restrictive burdens, which
usld not only have vastly increased
ysntry but In tho end would have
rrrravated the unfortunate clashes
ilch war conditions brought about
s.veen landlords and tenants.
Taxation Big Problem
TAXATION and the equitable assess
ssht OF real property is the big prob,
IN the State Association OF kea
E.aie Boards Is working on. Tax legis
afon Is being very closely watched
nd We have already been OF direcl
Frviee 70 property owners in keeping
t3ditiona tax burdens from real estate
rd In SECURING more equitable assess
rsn.s IN many sections or the state
We are cooperating with the state Ia'
Drsrtment in an effort 20 standarGiz'
tssssment methods I'm all counties
fss involves q rather slow process o.
,3.ation, but we arcsteadily making
tn.Eay.
Irahor service the real estate asso
titm is developing for the property
.rner Is that OF board appraisals. SCI
gil Of our local boards having adopted
n plan Of group appraisals. Ap
nisals made through a local real es
tie board. by a specially appointed
.luEtion cOmmittee, are considered u
most accurate and impartial by boti
.c Federal and state governments
states. trusts and individuals may sc
ire such board appraisals at the nom
al local appraisal fec. We are sc
ring the extension OF this servlc
herevcr possible.
An achievement OF .the state reait,
lganization during the last year wa
,e securing Of the passage OF the rea
,tste license law. This Jaw has beei
,,ignated to regulate those engagel
ne real estate business, and IN suci
,gulation the public is protected IRON
rtud. dishonesty. misrepresentation
nd iucompetency on the part OF rea
,,ate brokers or salesmcn. The stat'
kus seeks so 20 regulate the practice
I real estate brokerage as 90 oxpel tn
ishOnest element within ats ranks
Thieh has song sought 90 CLOAK lti
,sfarious practices behind the legiti
nate business OF the reputable broker
y salesman. In thirteen other states
rultors have had o similar law en-
ie,d and are standing together q
yvrge their ranks and 90 deal honestly
vah the public. Our various affiliated
local real estate boards will assist
property owners in prosecuting any
broker or salesman who through un-
or incompetent practices
istignea TO regulate those engaged
imenable under the law.
All Of the problems Of property
Ignership, is development, protection
nd sale are being closely studied by
he members Of the state realty organ
tstion. Realty subjects are discussed
iequently 40 our executive committee
reetings and "ittle" conventions,
rhich are held periodically during the
ear In different sections Of the state,
'iih the result that many individual
roperty owners outside Of the pro-
ession have ioined as associate mem-
PRS, in order 90 give support and
npetus 10 the work.
Organization 10 Protect
he recent convention IN Albany Of
'As New York State Association OF
,sal Estate Boards brought pointed
INInNtAt 70 NNn 'AAnktNNf OF "a htNte-
'ide organization TO protect and fos-
,r the interests OF real property
b protect Il against an overwhelming
urden Of taxation and 20 encourage
he orderly growth Of cities, The bet
rr 10 enhance realty values generally
The presence Of such men at IN,
onvention as Walter ". Law. presi
en- Of the State Tax Commission, dis
Ossing the policy Of the commission
fiA reference 10 taxation and assess
rert; Charles I. Woody, Of New York
recognized authority on taxation
no treated the subject upon broa,
1tunds: and Charles ". LcaWtt
ss'vn universally as an authority OF
~ planning and coming. who spok,
li'a tho necessity OF statewide ac
l1 in this direction, was convinc.ai
'foof that the real estate association
working along broad, constructive
.hes for the public good and not sole
Tor the benefit Of It's individual
roker and board members.
/. Our local boards throughout the
'aie are likewise active in civic a.
sl.fs' taking part in all progressive