Show REDD REDUCTIONS SHOWN IN HOUSE llOS RENTALS THROUGHOUT CITY Charges for Dwellings Being Being Bein Be Be- in ing Made More Reasonable Result of New Buildings Rents Bents are art coming down This is the tho I Rood good news that have havo discovered dis dig covered on the the for for rent books at thereal the thereal thereal real estate offices or in many ninny of or them at least The real estate men are aro divided as l 10 o whether hether or not there has hns ben hen any asS S general reduction but they a agree rec that there have been important reductions during the last nt t week weck or two Tho The re reo are arc found in apartment houses fla flats ts terraces residences and almost every other kind of home borne excepting nicely furnished places There is is a n dc de- S mand for furnished hoUses which as yet yot yetis S is is behind the tho supply The supply of houses it is said saia b by man many man manof of the realty men has hns caught bt up to the tho demand and for that reason and S Salso also the thc fact that summer always brin brings s a sli slight ht chan change e has hns caused S landlord landlords to ask lower rents in order order order or or- S der to fill their homes In several apartment houses there have been reductions reductions re re- re S ranging rangin from 2 to 10 on an apartment In flats there thero has bas been anS a S reduction and also tn in homes The Tho most aS S marked reductions is is in in homes Reduction Is Noticeable Ono One real e estate man said Mid yesterday afternoon I have havo noticed a reduction tion in rents and especially in in houses where high hish rates have been charged in in hi the past The Tho average erale rent for moderate moderate ate ato homes has been 5 a room per month which made mado a R. rent of 20 a month for four rooms On the tho real estate estate es es- es tate tate for for rent books there thore have havo been man many chan changes cs In many parts of the city houses of five rooms with modern conveniences can be rented routed for 20 or 2250 a month At least two apartment houses honses have reduced the rentals rentals' from to for each suite The reason for the reduction said saida a real estate man is the fact that building has been going goin on in Salt Lake Lako at a lively rate for or moro more than live years The Tho demand has continually grown Frown stronger but tho the supply has bas increased in- in in- in creased more rapidly Rents were boosted to tho the sk sky so and people peo pIe were wera anxious to get houses at any price There Thero has been a change now new There are arc more houses and peo people le in order to rent their places are offering the hi high h priced tenants cheaper rates ratos with the same or bettor I To prevent the tho loss Joss of tenants the tho landlords are reducing rates Whether er or or not the reduction will go an any further is a matter which only time will tell but the outlook is that the reduction tion will go so right ahead for a while at least Good Thing for City And it is a mighty might good thin thing for salt Lake Cit City Rents here are higher than han in man many other cities and people coming here bere notice this The Tho city loses many permanent residents for that rea rca son Excess Excessive c rents do more moro to injure a eit city than anything else with the tho jos' jos possible pos pea sible exception of exorbitant food tood prices prices S Another real estate dealer says gays on en the subject As far as the tho houses I have e on m mv my lists there is no reduction As to what J is 18 going goin on outside of the houses listed with mo mc mOl I kno know nothing noth noth- log ing Still another says 8 Yes there is is ts a reduction in rents The The most of itis it itis is is however in in the tIne cases where exorbitant tant rents were verc charged For or ordinary houses 5 a room is too much and I am amery very ery glad sIad to note that the landlords are arc bc beginning to realize this fact It is up to the tho tenants now to bring brine tho the rents down They can continue continuo to pa pay the high hiah I rates Tates or they can demand a reduction Houses are arc certainly not 1 filling llin up with I the tho rapidity they tho were two or throe three I months ago The They Thoy arc are remaining va 3 cant much longer or at least cast those arc are on which exorbitant rents are aro aske asked As to business rents thero there is no great reat change The rentals of stores that are aro occupied at present arc are still reasonable but the tho ho vacant places can be bo rented h in most cases at a lower rate than they could two or three months a ago o. o |