The Washington herald., 1922-02-26

money L. seeking Inyestment. there
are many Inducements ito buy or
build home that are not offered
when money is continually being
withdrawn from -circulatfon u
, The elements that costrol the
cost Of a home are many, The cost
Of the building site; depends. -~of
course, upon its location with re-
spect to public, utilities, and IT, Is
by, comparison with other sites that
the value of a site Is determined.
Some of the fundamenfal questions
to be asked: in selecting site are:
Is IL on a graded or paved street?
Are there concrete walks Jins-f front
OF Il? Is the city water in the
streets, and fs-it a wood or an Iron
main? Is the sewer In and how
deep, and has II proper fall to in
sure drainage? Is the soil Of a
nature that will hold water, and
cause a wet basement, or of a
nature that will insure a dry base
ment? How far in miles is the site
from the heart Of the city? How
far from q good car line and boule-
ward? Distance to school. high
school. churches, stores, etc? Are
the surrounding sites and improve
OI d
able nature, and is one forced to
pass through an old or unsightly
portion of the city in reaching II?
Wage. Determine Costs.
The cost of materials that enter
into the construction of home are
determined largely by the wage
paid by the producers of the ma
teriaIs. and vary somewhat in pro-
portion to the variation in the cost
of living. Supposing one plumbers
bid is so or $50 more than another,
OF flooring goes UP or down few
dollars a thousand, plasterers get
4S cents per yard instead OF 80
cents or there is q difference of
few dollars in the bids of contrac-
tors on the concrete and brick
work, or the carpenters or shinglers
are now getting more than one esti-
mates they will be getting six
months from now. These, are in
measure. factors to be considered,
but considering them does not
answer the question-"Is real estate
coming DOWN."
Can we not see that IL real estate
gets cheaper our buying power is
diminished in like ratio and is IL
not better to realize that there Is
only one way for our fair city to
go and that is to go forward? To
resolve that We are going to build
more schools. and the best that any
city has, and to employ the best
teachers and pay them well. That
We are going to build and maintain
bouIevards, hotels, banks, and that
we are going to cooperate with
and boost every worthy industry
in the vicinity of our fair city and
patronize and help maintain and in
crease the usefulness of our
carlines, telephones, banks and
churches: and all that goes to make
up a city where real estate is con-
stantly increasing in value, where
one may be proud to live and know
|, that each day there is an added
value to his property because of
his own growth as an American
citizen and one loyal to his home
town
Can't BE Cheaper.
Nothing short of a calamity can
make real estate enough cheaper
to make the difference worth con-
sidering in the purchase or build
ing of a home, and as only those
who are filled with the spirit Of
fear look for calamity, my word
to the strong-hearted Is to go
ahead and buy or build, and do It
now-you are safe.
Remember, cities and commun-
tiles, as well as individuals. must be
and remain true to that which has
been intrusted to them. and that
cities and communities can rise no
higher than the level reached by
individuals who compose cities and