Show COST OF F HOME STAYS NEAREST TO P PREWAR LEVEl kV I-kV Increase t n rease I in S Salaries I. I increase in a arles Mj KS I i I wT r Maintains M inta ns' ns P r n W With h fiS a V New Cost of ew t Building I if S 'S 1 oJ Statistics I compiled compiled- b by real estate men m men ll throughout the country and ins in's In inIS s IS tl jAko Uko especially p show that the average ag c cot cost st stor of or homes has not in increased in- in II cr creased more than the average a. mansala mans man's salary ala according cc to B B. C. C I Palmer almer secretary of bf the Salt Lake Real heal Estate Es Es- Estate Es Estate tate board board and secretary and treasur treasurer treasurer treas treas- ur r- r of or th the tha Utah State Realty asso In addition Mr Palmer says Vacant avant city Jots like chewing gum gumc c constitute on one of the very few commodities com corn corn- dines s' s that h have e not Increased i in price price 1 i In Jo explanation of his statement Mr Palmer says that the homo home which cost 2000 2000 to build in 1917 and was erected erected erect erect- e ed on a lot that cost 1000 will co cost the owner about to build now with the cost of 01 the lot at 1000 or less This Thi example Is applicable to th the majority of cases and m makes kes the Increase in the cost of building homes about bout 66 3 2 per cent over that of prewar times CORRESPONDING WAGE RAISES materials are the real factors factors factors fac fac- tors entering Into the Increased cost of ot procuring homes Materials having having hav hav- ing Increased more than per cent in in the past three years according tt tb Mr Palmer Despite this fact it is tT e that the man who was p paying ying 30 t t month on a home purchased on the Instalment plan a few rev years ago Js is s sot not ot paying more than 40 or 45 a month on the same samo kind of an investment invest invest- investment ment today Mr Palmer adds that workmen In n practically ally every line craft raft and trade have enjoyed an increase in- in crease in their pay of at least 15 a a. month and in many cases twice or three times Umes that amount READY READY BUILT BUlL BUILT T BARGAINS Homes that have been bunt built between betweEn be- be tweEn two and five y years ars are on the market at present selling for practically practically no increase over the prices which It cost to construct them says Mr Palmer These homes many of which are practically new can be purchased at a price e ranging from 20 to 1050 50 per cent below the cost of constructing constructing constructing con con- a new home with the present present pres pres- ent nt inflated costs of building materials materials mate mate- rials nals considered Home seekers may mayve save ve from fr from m 10 to 40 per cent centon on the e present construction costs by purchasing purchasing pur pur- chasing a second hand home one that t was built bum a few years ago ago g h h. h c c. c 1 I. made inroads on prices of or materials materials according to Mr Palmer LAND D BOOM COMING SOON The steadiness of ot the price of vacant va- va vacant vaca va va- ca cant t city property in hi the past few i years is claimed by Salt Lake real I I estate dealers to be one of the wonders won- won i I ders dara of the business world It is predIct predicted pre- pre 1 dIct dieted d that if it the price of building materials ever decreases the rush for tor this type of real estate will be such that the prices will be driven drive skyward skyward sky sky- ward by the pressure of immediate demand demand- Compared with the Increase ale In the price pr ce of ot foodstuffs clothing and of man many other articles commonly designated designated as necessities of life lite the price of or homes Is less than half halt as gr great at claim local real estate dealers Practically all of the former Items h have ve Increased from front 50 to percent percent per percent cent while the Increase in the the price o of homes is declared by the land and home merchants to be not more than 66 86 3 2 per cent at the most HOMES WITHIN REACH The a. a average Increase In wages an and L salaries has been sufficient to fully offset the increase in the price of homes bomes according to the statistics Homes are becoming more in to de demand demand demand de- de mand and many people have the wrong rong impression as to their correct status in the price lists of Salt Lake an and o other he cities t where U the e lists s s seem m to be running top tot sp speed ed In an arr upward upward up up- up ward ard direction sl- sl says sl's s 's Mr Palmer The house and lot the the domestic castle and estate are Just aa as much within the reach of of the man who wishes to obtain them today a as they were were th three eo years earll ago he he be declared today |