Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1928-11-11

AA&HNR -
seeking q loap may emerge dlsap-
pointed from the first bank he en-
iers. The terms did not please. but
there is another bank next door. ine
same holds true tor automobiles oil
evening slippers. IL the offices or
stores we're isolated disappointed
people might return nome anu make
no purchase. In the concentrated
business and shopping centers,
whether in centers IN the main busI-
ness districts or in outlying sections,
90 next door. OF upstairs, or
down the street, or just around the
corner.
Clothiers Compete
Someone gets the sale, and there Is
enough Of this shuttling Of buyers
to MAKE the concentrated sites desir-
able and consequently the highest IN
value.
Manufacturers Of clothing whose
business constitutes one of the larg-
est and most competitive industries
in America have grouped their DIS
plays in a compact area IN New iork
City and will also o house display
ana sales rooms IN one of the worlo
largest buildings in Chicago. Inc
profits OF such a business depend on
the buyers from the retail stores who
visit the wholesale houses and select
their wares. For the same reason
that the retail shops seek locations
near each other, garment
turers who wage bitter struggles for
business in the field, nevertheless
place their headquarters in the same
structure. In making IL convenient
for the buyers 70 visit their show
rooms by reason of this ~concentra-
tion and by being on the ground to
catch the overflow from each others
doors, all Of the manufacturers IN
such districts do more business than
IL they located in isolated sections.
Theaters Best Adjacent
II may surprise the layman TO
know thu. an excellent place for a
theater Is next door to anoth-
er movie theater and this may be so
even thought the location nay cost
the theater owuers a good deal more
per front foot II II they purchas-
ed a site in an er thickly pop
area wh,re there we're no
theaters. No statement is be-
ing made here as to what the movie
ILGdktT al lnC Olutf dtSNtANt AAhHN
in profits. Its profits might
be high. But as stated before this
deals with the fact that s.m-
liar use Of urban lard makes for
maximum ground values and re-
gardless of what profit il might
in n section or another, a
moving picture thester seeking a
is likely to find the high
est values in centers where groups
OF moving picture theaters are
Let US see why. People decide to
20 to the movies. They decide on
the largest moving picture house in
but when they arrive at the
trescoed portals they find they have
the picture. or they don't like
the picture. or they cannot get in.
That one theater loses, but these
have come to the moving pie
center expressly to see a film
and they 20 across the street or
next door to another theater. There
are enough of such people to aug
ment the crowds that n movie
would naturally attract it.
'eif to make realty values high in
such sections.
Rule Applies TO Homes
The sensitiveness of all realty val
to surrounding influences can
be overemphasized; and the
highest values for home sites gener-
illv are found where there are no
ietracting factors and where every
contributes something TO
make the section more desirable
from a residential standpoint. This
IS another example of the value of
use Of land in a given area.
property as residential property and
for no other purpose that conserves
to the full its value as such prop
erty.
The presence Of factories. stores,
or warehouses in a residential sec
breaks the continuity of sim
liar use and makes IL impossible for
TIE land TO reach its highest pos
residential value. An inherent
love Of beauty has made most fam
lies dislike 20 see their workshops
the edge Of their front yards and
in places whers such e~ncroachment
ccurs residential land values are
lowered.
The addition Of two or three ga
RACES and perhaps . factory will
make values fall still lower. No at
is made here 70 analyze the
Of the garage Of locating is a
residential section. II is conceded
this value to the garage owner
may be very great,
The reader must remember that
we are dealing with the general
value Of the land in the section, and
4 garage that is the only one in a
residential section may make O for
for its owners but il will at
the same time bring down in total
~ the ground value Of the proper
ties surrounding il.
OF course it is necessary for all
residential areas to be serviced by
shops, schools, garages, ~laundries,
but values are highest in sec
where these structures are re-
moved from the home sites without
rendering them inaccessible.
But u u not enough for all the
homes TO be grouped together. High
est values arise where homes of the
same general cost level are confined
to similar districts.
The tendency to segregate the
land for similar use dates back to
the Middle Ages when in the cities
Of Europe the silversmiths. the fur
rlers, the butchers. grouped them
each in their own quarter. Pri-
vate restrictions and coming laws
have only s~afeguarded a natural ten
dency towards development OF sim
liar use areas.
Such ordinances enacted by city or
and such restrictions as ara
sometimes imposed by individual
subdividers Of the land provide that
specified types Of property de-
voted to the same use and some
times of the same cost level. can
constructed in certain areas.
These laws and restrictions. al