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Show liUILDINU BOOM. REAL ESTATE EXCHANCE DISCUSSES THE HOUSE BUILDING ERA. Denver Has 3000 Too Many Houses, While the Halt Lake Hons. Market is Short Just About That Number of Dwellings, "There are mountains of brick and myriads of men on the Chamberlip addition, ad-dition, and you ought to seo them," said Colonel Lett at tho Heal Estate Exchange Ex-change this morning. "I was there a few weeks ago when there were foundations fur half a dozen houses and a few brick," said George H. Tousey. "Hut you ought to see it today," said another member. "There are houses untlor roof and houses going up all over the addition." "What, all this in three weeks!" exclaimed ex-claimed Mr. Tousey, expressing much surprise. This led Colonel Lett to state that while in Denver he learned that G. L. Chrmberlin had built more good dwelling dwell-ing houses there and made more money than any man in the business. "lint why should he come to Salt Lake," inquired a member. 'There are at least 8.000 empty houses in Denver and Chamberlain is sharp enough to see that Denver has all the houses she needs for the present, pres-ent, while Salt Lake has a house famine," said Colouel Lett. It is just this state of things that led Chamberlain & Co. to felect Salt Lake as the scene of their building operations. opera-tions. Salt Lake Is just on the start of a great growth while Denver like Kansas City, has arrived at that period of growth where the supply of buildings exceeds the do-maud, do-maud, iu Salt Lake rents are so high that as many as two anil three families are huddled in the same house, and hundreds of families that would like to go to housekeeping are compelled to board, for Ihe reason that they cannot find suitable dwellings at a reasonable price. As soon as new housus with modern convencies arc to be had the families that are huddled up in small apartments apart-ments will spraad out and occupy the new dwellings. Mr. Chamberlain's example of building build-ing new houses costing from $o5l)0 to $1-1,000 and selling them on small installments in-stallments will be followed by others ami the scarcity of houses, "in a few years, will bo met. It has been estimated by the. local architects that there will be even more dwelling built here next yearthan there has been this season. The house building build-ing era is certainly upon us and the people will welcome the time when they can secure pleasant houses with all needed conveniences at anything like a fair return on the money invested. . . |