Show RAPID INCREASE IN NEW HOMES Richards Report Great Building Activity in Salt Lake Altho Although h there have havo been boon nearly 1500 neW ow buildings mostly homes erected In n Salt Lake tills this year still the demand for or modern homes Is far ahead of ot the supply according to a member of the tho firm inn of Kimball Richards land mer- mer chants hants Never before in tho the history of thIs his firm has haB the demand for tOr rentals been ecu so heavy r and the same samo thing is generally general reported by all real e estate tate men nen This has made rents abnormally high ligh an and as a result the people are buYing the new homes on cas easy sy monthly payments The number of ot homes sold In n Salt Lake this year is far greater than lan in any aDY previous period of or the city's history Hundreds of people from Crom all aU Parts arts of or the west are arc coming to Salt Lake ako to take advantage antage of or tho thu well known cnown school system and other ions for the This is ro- ro suIting in a ver very rapid growth of ot po population pop pop- and it does not require much mucho o of f a prophet to see aeo that Salt Lake e will very cry soon have over people During the tho week Kimball Richards Richards Rich Rich- ards received a letter from a well known cnown resident of ot a southern Ity ty in which he said In part I am getting along in years hence hen would like ike to finish up at Salt La Lake e City This is typical of or the general attitude throughout the country countr Thousands of or people aro arc intending Inthe in inho inthe the ho Immediate future to come tc to Salt Lake ake e to make their permanent home This Tilts rapid Increase e in population strongly points to one big fact tact More people in any ny community always m means aDS Increased valuation of ot the land In that community Prices of ot Salt Lake real re state estate and homesites will go gc c. c upward by y leaps and bounds as the population Increases Far lar sighted realize this and are therefore securing 3 as much good oo real re estate here aa q they can hold bold knowing that it will double in value in ini 1 i very vcr fe yf yrs pars ara T Kimball Richards also point to the fact that tho the present real estate values of ot Salt Lake Lako are I lower than In any city in America of ot similar population hence a general In Increase Increase in- in I crease se throughout t the tho city i is predicted predict predict- ed for or the Immediate immediato future |