Every evening, Wilmington daily commercial., 1922-11-24
n. S. SWAN ExPl,.lNs
HOW ZONlNC WOULD
HELP WILMINGTON
Continued from page I.

0'ts.seSS @s"sss t&oo -
1T stimulates, checks. guidce---all
to tho benefit and lasting good OF the
community. AS time passes and the
lines between different districts be-
come more tightly drawn. the develop
ment OF each district being shaped by
tho regulations, tho benefits confer
red by zoning will accumulate. In
creasing with the years-correctins
past errors. revealing and realizing
new opportunities all the time oper-
ating for the betterment Of the COM
munity and enabling IL ultimately TO
become a community such as without
coming IT could never have hoped to
become,"
What II Means to the Home Owner.
Because OF the fact that the un-
zoned community is at n serious dis
advantage as compared to the zoned
community Mr.. Swan said that the
prospective home buyer is more and
more often asking himself the ques-
ton: "Why should i buy my home
in an unzoned town, where my house
may at any moment he hanked with
! apartments, factories or garages and
| its value seriously impaired when
for the same price ! can buy just as
l good a house In a town that thinks
with tho strong arm OF the Law
against injurious neighbors?"
| The mortgage lender too il with
| increasing frequency asking himself
the question: why should l lend my
money on property which may at an,
time have the value so depreciate,
Through the construction OF obtcc'
tionable neighboring buildings that
may be forced TO institute foreclosure
proceedings and buy the propert,
myself I'm order TO protect my equity
when in an adjoining suburb l car
invest my money in real estate mort
cages with the community itsel
guaranteeing the value OF the prop
erty, as IL were. against premature
depreciation through precipitate an'
unwarranted changes In the build
ing's environment by preventing tn
intrusion Of undesirable development
I'm the neighborhoodY"
The practical effect OF these con
siderations is most interesting" MI
Swan continued. THE zoninG local.
ties are not only absorbing the bette
grade Of developments at the eXpens
OF the unzoned suburbs. but they ar
forcing the undesirable types Of d
velopment into the unzoncd towns
The builders. architects and real es
tate owners IN unzoned towns a
with increasing persistence urgin
their councils to adopt zoning so iha
they may have as good a sales prop
osition TO make 20 prospective client
as competing builders. architects an
real estate owners in Zoned towns.
AN occasional sale lost now an
then 20 a rival In zcned supur
! and the increasing reluctance on IN
part OF bending interests 10 max
loans on unprotected property-or
making loans. their discrinination
p favor Of unprotected localities wit
reference 10 both the interest rat
charged and the amount loaned-cor
alterations like these are proving NOR
powerful than words In actually sal
, ring unzoned towns 90 action.
Though these communities haS
. done roth.ng 10 adopt zonin8 IL
not quite exact to say that they al
!. unzcned. The adoption OF soning /
, | ne.ghbor.ng communities has IN
: sense already zoned them. Witho'
a their knowing II. they have been plai
ed, as Il We're. in the position OF III
!. res. .icted districts 20 their neighbOr
e Though they themselves may not ha'
n moved. their neighbors have. Toda
= therefore. they are not at all in q
Y position they were In years ago whS
building was unregulated everywheT
4 Then, due 20 the universal lack
d control. they stood on a par with the
& ne.ghbors--ownersh Of properi
o within their boundaries was accor
e panied by neither privileges nor hai
= d.caps not accompanying It elsewheT
But now this has all been change
Y The fac; that property Is protec;
: elsewhere makes its ownership
!. those places more desirable; that
Is not protected here makes IT'S ow
| ership locally less a,tractive.To perm
. our heighbors' garages and factori
10 locate indiscr!minately IN cur re-
Gence districts. while they eSclu
N ours. can have but one result-!t d
. stroys the marketabillty OF our re.
> dence property a; the same time IN
il makes our competitors more salah