, 1922-09-25

way before anyone ieAAN
going on. Because they have seen
lane unused for years most people
think il will always continue CO. ms
Is why the original holder seldom
makes sny profit from real estate
The value is so close TO his nose INA
he does not see Il.
"A fundamental change in real
estate values is taking place sp far
IL has proceeded quietly without mueh
publicity. Few people have realized
IL. The fact IS hat people are NOV
Ing 10 the country. A few wise heads
have tho bargains In
country h.nes and they are quietly
buv,nr up all tho land they want for
themselvcs and as much more as
they can carry for a speculation.
my advice to those who want sub
urban real estate Is to buy At once
For the past decade or more people
have been crowding@ to the cries
Now. however. n reverse movoment
10 the country is beginning which
PROMISES TO be tho greatest shnung
In population since tho institution OF
the railroad. Within the next ten or
more years the building Of suburban
homes should rival the growth OF the
automobile. good roads. tht MOVIES
the monograph or radio,
I'm fact. these inventions make
possibfc the suburban movement a
few years ago country homes were
limited to the rich or to those en-
nioved in the country. because only
such people could afford means OF
TRANSFORMATION. Now automobiles
have come within reach Of the great
middle class OF people. They are In
creaainr at the rate OF nitro than a
million a year. Ten years 9 there
were 1000. 600 passenger automobiles
in tho United States. Today there
are about ten million. which Is an
average OF one a to about every
ten people, They nre bringing new
and better roads and opening up mil
lions OF acres OF hitherto inaccessible
land. The more airs purchased. the
more families there are who can
have a suburban home. ever tho the
b~read.winner must work in the city.
Wage earners during the last period
Of prosperity spent their money for
motor scars; in the next period of
prosperity they will buy countr
honest
The motion picture has put the
local town hall on a par with the city
theatre. The motor truck IL giving
the rural or suburban dweller nearly
the same freight and express facili-
ties as has the city.
Motor bus lines are covering routes
which never could be served by any
other transportation sysem. Automo'
biles are bringing the school-houses
and the village TO within a few min
utes of the country home. Chain
stores are carrying TO every
itv the same efficient merchandising
is the city dwelier enjoys. Last.but
not least H. radio. especially II de
veloped on General Squlre's wired
basis. gives II suburban homes the
finest city lectures and music.
The reason for suburban expan-
sion. however. is not alone the attrac'
ton of n country home. In the cities
congestion OF dwelling house space
high prices and high rents long have
been brewing, discomfort. For more
than five years now these conditions
have existed. Rebellion on the part
or InG rent DaNtlt > ltd(AAAAA1 49,
point of explosion. Almost any kind
of a change would be attractive
Once the average city worker realizes
hat with a few hundred dollars and
a flivver he can get n house of his
own with all the and he needs. the
chances are two 10 one he will move.
The city no longer has a wall
around it. Railroads make h first
breach, but the railroads opened ur
only narrow strips along their lines
radIating from the city. In mos
cases the railroads followed the val
Ievs and iowlands. which are not the
best building location. Between these
Zines are miles of land much more de
sirable for building but which have
been inaccessible to the commutei
because men had ~ means OF getting
to the train. It is in these areas be
tween the railroad lines and within
a radius c. 10 or 20 miles Of tins
cities. which the motor N n goot
! roads have opened up. that the mos
spectacular development in new
| building should take place.
If YOU are interested In real estate
the situation demands action. 1
means tnAt II YOU want ~ 49, -
sirable suburban land near any goot
city at present low prices, you WI
have to go about it at once. In Sc
lecting such property. a good plar
usually Is to follow out the best res
Dental streets M buy where lam
begins to sell by the acre instead o
by the foot. On the other hand.
YOU own city dwelling house propert,
which cannot be converted to busi
ness uses. the quicker you get rid 0
It the better. This does not Apply Z
business buildings o to properf,
which will soon be in demand as thu
business section of the city expands
1t does apply to other city dwelling
houses for which such extravagan
! rents are now demanded. Remembe
that while the reimbursement in IN
dustry is well along, the rsadjusi
ment in real estate values has onl.