OCR Text |
Show 'empty flats in chicago worry greedy owners CHICAGO, May 3. More j that 1000 vacant apartments t were thrown on the market over lthe week-end and the real estate i dealers are in a quandary as a result. Hundreds of families whose rentals had been raised moved 'out May 1 without warning. Rents have advanced in many cases from 50 to 300 per cent, the agents pleading- the law of supply and demand justified the increases. I Real estate agents estimate (that 10,000 families who had re-ceived re-ceived notice to move May 1, re-1 fused to do so, def ying the land- lords because they could find no place to move. I The unexpected vacating of j more than 1000 apartments has left the landlords in doubt. Many families doubled up, two to an apartment, and others moved to hotels rather than pay increased rentals. : 4. |