The Omaha morning bee., 1923-11-04
Real Estate Man
Urges Advantage
of Buying Homes
Declares Value of Property
: Bound to Be Enhanced
With Increase in City's
Population.

d The question has been considered
rho doubt by the greater majority of
the citizens of Omaha and we know
the answer that they have made by
the percentage of home owners that
we have in this great city of ours,
that is sure to become the Gate City
of the west, not only in name but in
reality.
When man and wife are discussing
the proposition of buying a home on
installment. and the majority that are
sold in Omaha are sold on from $3.50
to $1,000 down, the question arises:
Do you think we can meet the
payments? What will happen if we
cannot meet the monthly Install
ments?"
l often have wondered il these we'll
lntentioned rent payers ever stop to
, consider what would happen If they
did not pay their rent? We all know
that no one in Omaha is getting their
rent free except the home owners
The right question to ask yourself
Is shall we continue to have the
face of the landlord peeking into the
window at us the first of every month
for the balance of our lives, and when
We are finally laid to rest in one of
the many of our beautiful cemeteries,
what will we leave our families,
home, or will we have them a bunch
of rent receipts?"
Did you ever stop to think that il
you are paying $50 per month that
in 90 -
land that $4,000 will purchase a real
,g,1p-to-date home right here in Omaha,
city of 205,0 900 that Is surrounded
by the garden spot of the world. l
heard a man the other day make
the remark that Omaha did not have
a chance, like Kansas City and some
or the other places. Bless your heart,
Omaha is right in the heart of the
great corn belt. Wheat and potatoes,
and with the largest butter market
In the world, and with the largest
territory of any city in the United
states to draw from when you con-
slider the productive soil.
1t has also been truly said that
although we are 34th in population
with only 205,00 population, that we
are doing more business than some
cities of 100000; that shows you that
now is the time to invest your money
In Omaha homes.
But, says ones my neighbor tells
me that property values is sure 10
come down? Look at this man who
purchased home in 1914 for 50. 500
and sold 1t for $4,000 in 1922. had
his rent free all that time and there
were just as many knockers in 1914
as there are now and they knew all
about values. They are still paying
rent and some of them have moved
once each year and if the head of
the family should die tomorrow he
would not leave his family even the
rent receipts. as they are so careless
and free that they have even lost the
receipts
In 1855 as has been stated before,
omaha will have a population on
conservative estimate, of over $50 900
and If you can figure out how there
Is going to be any great decline in
f6naha property. l would like to see
the exact figures, as | know that 7
can prove to you that you are badly
mistaken. My advice is to grab you
a piece Of Omaha property as quick
as you can and reap the benefit of
the advance, so states 3. J. Melon with
1he Payne Investment company, who
Is now building a new brick hone~at
5428 Florence boulevard, and so saw
the greatest number of home owners
the last year that Omaha has eyer
known.