| Show I HOUSING SITUATION I BECOMES II ACUTE ML I IN UTAH I Salt Lake Permits Are More Morer r j Than Half Million Behind Behind Be- Be J. J hind Normal i k f t r I. I Trio housing situation in Salt Lal Lake e 7 f becoming is 1 more and more critical acI act ac- ac t I Tf iid Ito to the th records of building per- per IJ for 1020 1320 as compared with 1919 j Up t November 1 this year and com- com if r cl with vitI a a corresponding period of r Ul 9 Salt Lakes Lake's building building- permits S arc I III II 1 behind The 1919 valuation orr of or r I he new navY buildings while it totals more than I i fOr several l previous previous years ears still was vas as I It t n t sufficient to meet the normal ine in increase in- in m-I m I e crease of population These figures I were compiled by the Salt Lake Lako Real neal j I state Board to show how the thc Salt Lake housing o situation I All AJI overt over the United States the same samer sameI I r serious situation exists and in some 1 states the situation is even more critical I i cal than it is in Salt Lake In October October October Octo Octo- ber this year ear only half the number of applications of Octo last year w. w were ere re filed with the city building inspector The records since 1912 show an average j i total of annually In 1919 this average was exceeded nearly one million dollars In 1920 from present Vindications indications the total will fall short several sev sev- eral eal hund hundred hundl ed housand dollars TWO YEARS BEHIND I 1 With the 20 per cent I increase in the population of the city since 1910 the city's requirements for normal growth should have kept Jept pace with Ith the growth of pop population Bu this was not done Instead of or that the years 1916 1917 and v a steady decrease in the valuation val vai- of new buildings with the reut re- re ut that the city is now at least two years yeara behind If the normal growth is to be bc maintained maln- maln Salt Kalt Lake must build at least 2000 new h homes next year according to the members of or tho the Salt Lake Real Iteal nealI 1 s- s tato tata Board and the building permits for all cl classes of structure should not lC be less than This building program will place Salt It Lake even with her ber requirements at the tho opening of 1922 The Tho housing lOusing situation is one of the big problems which is confronting I and retarding the tho growth of the tho city these realtors say and the 1 problem lo lcm is la isa laa a civic one The he Al American rican Contractors Contractor's study of the building situation reveals the fact that comparing comparin Au August with September Septem Septem- ber 1920 1929 in ill cities shows September September Septem Septem- ber gains at 71 and loses Joses at 96 Among the Important cil cities s showing gains are aio Los Angeles which leads eads for the month Detroit which is second San Francisco Washington D. D C C. C Omaha Omah Cincinnati Cleveland Milwaukee anti and Baltimore In tho the United Unite States the same sarno critical cal cal building situation prevails The TIle rational national building magazines and papers have analyzed the building situation sit- sit nation critically and sec see litle hope fora for fora a a. material reduction In building sup sup- plies One expert says that a price plateau is due to develop at which Quotations quotations Quo qua may be expected to rule with almost unbroken fidelity for an in indefinite indefinite indefinite in- in definite time MATERIALS INCREASE Building materials and labor Jabor have increased in increased in- in increased creased since 1914 about per cent which has hag resulted in a very serious curtailment of building operations From 1916 to 1920 it is pointed out and based on normal building requirements tho United States is short Square quare feet of buildings with a valuation valUation valuation tion of three and one-half one billion dol dol- dol- dol lars Jars At the present time the normal building requirements of oi the tile United States due to ta normal growth are estimated es estimated estimated es- es at square feet au- au 11 1111 ll H I rh Thus Thus s we see says Forbes magazine maga masa- magazine zine zinc that in order to make up during the present year the existing shortage of housing space we would have to tp construct d dwellings houses and rae- rae tories having an aggregate floor loor space of square feet or 01 almost as much as we ever built in any three past years Expressed in terms of local con conditions condi condi- 11 the country is short about 1600 I buildings of the floor loor space of the Kearns building it Jt is pointed out I o Just how this condition will be met locally is difficult to forecast even by those who are in close touch with the Salt Lake situation But the condition condition condi condi- tion is far from local loca these men sa say and sand other cities have attempted solutions solutions in any of numerous ways build build- ing lag corporations municipal aid state aid loan and building companies co cooperative cooperative cooperative co- co operative building campaigns undertaken undertaken under under- tak taken h by t tSe tee real estate men All AU of these methods have been suited to lo local local teal te- te I cal al' needs In every town and hamlet in Utah the shortage exists and practically practicably no concerted effort is being made to ef effect effect ef- ef a solution in the opinion of members members members mem mem- bers of the Salt Lal Lake e Real Iteal Estate Board |
