| Show V BIG DEMAND FOR HOUSES TO RENT w. t CW nf H V Agent Says He Could Handle Fifty More Dwellings V Right Away I V V MAKES FINE INVESTMENT V V t L. L V Even With Illi cot of or V V V Buildings Net et EI ht I I C Cent ell t t f Ye We could fill 1111 C 50 GO O room five houses desirable tenants in the next next ten tei tenS S V t. t days said Mid a n. prominent local rental renta 7 r agent Yf yesterday t rda It speaks well veli for V conditions In Salt Lake to make a aV V V statement like that hut but there seems to tot toV tobe V t be a better demand for tor rental property prop prop- d erty rt now V than thai there has been blen before In Ii the tho last lat ten years la This unusual demand lemand has resulted In lc less s moving mo I this spring than usual for the reason V that any one who has a n fairly good goodhouse f h house UIe anti and no rio special reason to chan change f V V It Is holding on to 0 It rather than hunt the city over in tho the hope of or setting getting a aV V V little more value for tor his 25 or 30 V a i month rental The property of or this class In Salt ll V Lake nets the thc owner 8 S to 10 per cent centon on his Inv Investment on an nn average al although Although Al- Al S. S V though there are arc rental houses home that V bring brine as ns high as lS 12 per Ir er cent annual annual- ly h The range of oC returns on the In Investment ind In- In d V vestment Is wide on account of the 1 Increased ed cost In building material and I. I labor In the last two years Most o t of the rental houses built buill before before be he- fore Core 1904 V when con construction was tas cheaper bring at h least 10 per cent In Inc Income Income In- In c come mc on the Investment but the In Increase inV in- in V crease has hos been such that the neWer neAver 4 hOIl houses es will vIll average crage little more moro than thanS Vi S p per r cent after taxes and repairs are arc areV V paid paltI for tor V i V Waiting for Cot Election V The pr present s nt city administration has V. V ordered more than worth of V sidewalks In Salt Lake and a n paving paving- strict has been created that will vIll take more than fIve live years ears to complete V I dont don't see that this work Is being V done with an any great ral rapidity but hut the V V weather may furnish some excuse VS Then Jhen too It ma may be that thai the admin admin- V V I Is Is waiting until Just before V V VV election to add a large force Corce to the n work knowing knowing- that the votes of tho ho hoV V j j laborers will be rounded up In that manner r V f V Did Ditl you ou ever er notice In the paving I rl n assessments se ments the cost of or cement sl sidewalks sidewalks side side- e et t j walks walls Is about 10 per cent more In f j- j dl districts northeast where the location J V I Is nearer to the thc gravel beds from which the material Is hauled Looks V r I as mJ though some worthy worth henchmen needed the money from a property owners owner's ncr's point of or view |
