Show H t H HH H H 1 H I It I t Senseless Booming Boom of f Salt L Lake ke Realty R alt Prices that Mil art Prohibitive t and Damaging t I iii 1 1 B well known real estate man S B n Tuttle takes a view ot of the t JUE I local market and situation generally Ir that h t while It may jar the sen seni t t i of ot fome oine of ot his realty brethren commends Itself to the av average t f 1 citizen as S about tic te t e correct according to statements r made dally daIly on the street by new comets comers and other citizens In search sea h of ot l houses or r desirous of ot Investing In local properties i Mr lIlt Tuttle does dONI not wish to seem In n way a n knocker but he I 1 says Ea 8 facts arc are facts and there is no way 1 of ot getting around them In his 1 x best Judgment there Is no real Improvement In the real rea estate market r r 1 or no railroads Of ot cour course h hO h remarked there are more j x oriese or sales right along but b t no O movement Indicating any marked change f 1 for tor the hs he better The cajes ales aye arl mot mostly small and cut no o great grea figure ure The f X 1 trouble Is that real estate is III so 0 high that coupled with high cost of or la Ia labor t bor and nn materials securing sec eec adequate tet fU tn from money Invested In InI J I any kind of ot realty Is II very vel uncertain A man buys bUa a n lot lith Intha I h business V l part of ot the city puts put up a block The chances are that he het J t finds Linde the Investment comes Come s III o 0 high that he can get ge only a very verr small t return on his hll money And even u it large business block Is I up anti and t j filled what Is J to support the nIl tenants There Th re are no manufacturers no extended agricultural Interests to bock up a n large argo commercial population J t t lation lallon Of or course coune there are the mines and the t livestock Interests interest t of ot there i glon gion which In themselves th But they nr are not enough i to toi f i support a 1 business community that Salt Bait Lake Is aiming to lo be bl beI I 1 dislike to aa It he saId but prices have ha been ken forced up op to an j abnormal figure In this city prices beyond what tie the local commercial t x status Statu can really gland aland Why Wh one on of or OU known kno wn citizens toM told me x 4 tILe life other day da that on two fin On residences he h had hail put up on Brigham 4 street streel he M could realize only 4 t per Jer cent and another man who ho built a r t 4 terrace t on east ent Vr South street says he can ran oly 01 realize the same I me re cc reo f X and nothing n n more A a n resident re of and property pl peru I If f holder bolder In Dc tells tella td me m 0 that he lie hat has a very vet ct desirable house h u se and It nd lot there whIch ho would ouM like to sell lieU for fot fo HtoO Th T same ume property properlY In InI IT I Salt Bait Lake he tells tell me mft ought ough to bring A Detroit man mane says las that t rod lots lotIo on oi Congress C street East Kait 1 half haJt a mile from the business bu I cen ceo center 1 ter ur will VIII sell for tor 1100 come corne to me i er day to t rent t x people who h ho have been en living In the east enst and nd they one and all till remark I on tile he contrast St between prices price in Salt Lake and ond prices in the mat cast t i where hereter they sy eay e r living generally Je U is I so 0 much cheaper than here hero 1 i Mr r Tuttle could not se see e what hat U ia to be b gained g by looming booming prIces price In la I L c I a sword word that cuts cut I both ways waye F H I H H i S |