The Washington times., 1925-09-01
A Decline in Rents Motion
Pictures of Washington
By BILL PRICE

By BILL PRICE
Figures compiled in New York show decline in rents in
the majority American cities and towns hopeful indic
ton that our own rent problems will solved in similar
declines around per cent not large enough to
make conditions unsteady but encouraging to tenants
who have because of housing congestion been exploited by
landlords.
lowering prices various fields punctred with fucua
ton WILL of course be many years before anything like
prwar of living prevail and SO far as rentals are con-
cerned prices may those of days That
in the high of building since the and
in the necessity builders and landlords to obtain fair
turns There those who do not be-
eve that building costs will decrease perceptby for many
years come owing the growing scarcity of lumber and
the high costs labor involved in all building materials
to commodities generally there ought to lower
state feeD
Building has been going on in Washington such rapid
rate for the last six as to assure an easing in
housing conditions and the reaching the supply and demand
basis which would equalize matters.
There is no large oversuppy apartments for
rent in this city but there no longer state OF affairs which
enables landlords greey demand and obtain whatever
prices they impose The time coming when the
laws of business will adjust things and that adjustment will
be toward lower rentals.
For the good of Washington as whole hoped
housing matters will easier here without subjecng
honest investors losses but permitting fair return
on money spent in construction Our trouble in past years
have had to rentals on fren1ed skocke
ing of apartment house values the last buyer excrbant
speculative mistakes
It will be well for Washington if escape another
agitation Congress regarding rentals although this doubt
full
What is promising bring down rentals in this city is
the of homes by large numbers OF people no longer
willing to be subjected to mpostons by owners Builders
are having difficulty in dposing Of houses This city
still greater growth in the homecoming spirit
makes for conentment stability and is resulting in
fine growth for Washington
Boosting Washington by of films is progressive
% toward letting the country the beauties and values
of this great city These films will be used by the Washing
tom convention bureau and their main mission will be to
Washington national conventions which want
Ia gather here and which should gather here the logical
convention city of America. -.
Now that splendid auditorium ready for huge national
Of this city and ability take of any size gathering
Colonel ROBERT NJ HARPER under whose mastery d
recton auditorium constructed the value OF f
and presented those ready the convention bureau
In the boosting of Washington films should take prom
nent part It would be fine thing if civic organizations
could supply which would enable films OF this Ma
tonal City to systematically shown throughout the country
people who would not read truthful prospectus
of this CITY would be impressed with films.
forgotten that this National City IS awayn
the people Of the nation They would welcome
any opportunity their National Capital In films and
to learn of its magnificent future that way.
Our should be present Washington to the coun
try as possessing future of any American city We
back the we make These facts
will show an unexcelled outlook for permanent investment
wish wild speculation because
founded permanency the capital OF this
nation We do want people to know though that wise in
yestments here just about good
ship bonds The powerful Government of the
United States is back Of Washington This city future is as
that If tho nafi0 itself