Show Bankers Expecting I Unusual Activity In Realty Markets tEi By Perc Percy M. M Cropper REPORTS DEPORTS REPORTS of cast eastern ern banks hanks from New York to the Mississippi all speak of a r real nl estate au and building boom thai is U pec this year They argue that plat in homes office buildings warehouses 1 loading slut ions in fueL fart every cry thing in tl the e lJ building il line is is now several e years behind what is necessary necessary fo for r cal and that IJ l in spite of prices thero there will be unusual activity viLy this thi s I r ll Bad weather eather held hold back a a. number of or real estate deals this lira week and the trading that done dono teas in homes chiefly TheN has hat been heen no letup In Inthe Inthe the time demand for housing a accommodations and tho the realty agents agent declare that t th tho demand il will grow row greater a athe as s the first of or the mont month approaches In facilities and warehouse uses s it is expected that there will be bo a ti hea heavy demand this spring Many tany o othe of ot f the eastern bus n business Es houses are aro ro beginning be he- ginning to extend their business Th The adjustment mt of or frel freight ht r rates ll that has his hashe s he been en going going- on for 01 the tho past few Cew years year s has made inac Salt Lake l ake more o of a n. distribution dis conter than ever e before Whey When t the tho branch houses begin to come to t o Salt SaIL r r ko ko it is expected that they will come come orno fast The West t has hu not been cra cramped ped i in n its facilities t as at has haM been heen th the ca east cast U. U Consequently tJ there rc will be e a greater movement towards to western cities clUe when t business begins to expand The Inter Inter- states have lae benefited but hut lit tle In III tho the Immense amount of business busi ness mess throughout ho the he 4 States in In n the he P past t few tew years carf This it in Is said Bald will result In n more attention being given the west and anti lt its development In th the downtown district It Is now non Impossible to secure a business site But nut few arc are ehan changing hands As every o line of ot business has been making mon moon money ey C- there is no desire to change chang Commenting on op conditions In th the c building Industry S S. S W IV Straus of ot S S. W R Straus Co says I U It la Is apparent that the lack Inck of accommodations ac ac- for for residential lal purposes purpose g throughout the nation IH rH growing more acute Total building operations to for March approximated o o of f which a J. J comparatively tI small percent percent- n age r represented projects which h will 1 mean more hom tomes homes s for tor the people Home Are E K M I An Anen en encouraging ourn hig feature In tho time sit is tho the fact that many larJ large In In- In dur concerns are Beginning t to realize that the tho i provision of or homes home s n t for their If 1st la as essential a as Is s adequate plant pl facilities c Nothing ha has hasa s a amore more stabilising effect on on an any ma mathan man n than the ownership o of his hilt own homo home It is one of or tine the most practical an and nd beneficial manifestations of ot thrift and 1 j I therefore the tho development o of oC home hom e building projects h by largo large o arg-o employers employer s' s of at labor will go a a. long on way toward towar d sd alleviating ocial f unrest and IncreasIng ing the m mass ss pr production of or the nations nation's nations nation's na na- tion's Industries While new building projects jn In n I March showed a substantial gain aln over ove r the pr previous months of or tho the year am and 1 brou brought hl the grand total olal for or the firs II quarter quart r of 19 1920 O o to approximately on ono onn o billion dollars labor disturbances un favorable Weather and a acute ute shortage e I of ft building ing- ing materials were retarding eg g elements I ments It lOll must be remembered that a while the 81 statistics compiled at this tim time e strew show a continued satin gain In in investments In- In vestments from rom month to month tI figures do n not t reflect th the actu actual J Increase In Increase In- In increase crease crease in building building- n facilities as costs cost s I have hl b n cons Increasing Tak Tak- Ing Into Inlo consideration the growth ot o of f many of r our lan larger er cities and the ex expansion et- et o of business enterprises s It I t seems obvious that t the thC building deficit t Is not noV decreasing materially This This' t hiI la hi y particularly true truo In the case cane of br homo home e I accommodations Building costs continue to advance e I and there is Js no element clement In the lire silos lion that gives glues indication of or immediate e I chan change e in these tf tendencies What 1 la Ie s I needed is a a. broad understanding h hv v every overy Interest m n the Industry that al all l I must meet on the common roUnd ground o of oC f J I Increased production prod This should b bo e possible ng nJ It it represents added cc nd- nd l to every o element connected with the business Unless ss such a condition con con- Is hi brought ht about wo we shall wit n ness s a continued slowing of up o buildIng build build- In Ing operations operation a no more acute housing g crisis Increasing rents and growing a discontent nil classes of ot peo peo- peo- peo people who arc not of the the home owning g c class Unas |