Show boom reil estate we know a fellow who has invest ed cd in real estate near detroit we dont know whether he has seen the th e the land but he has hag invested his money as a first payment and is pay ment and is paving oft off the mortgage gagau ga geu in wernent nent detroit is 13 experiencing a boom you P perhaps know that nothing so go stimulates real estate transactions as a boom the point la is this however it w will ill take our friend fifteen years year to pay fur for his property and he be is paying a nice stiff price if the pre sent boom continues that long he will w 11 gain much mone iett if it if in that time everybody has an au t to mobile anle and ad the industry will shrink in dimensions dime naiona and the prosperity and growth of at the city slow up in proportion our ur friend will feel the pinch of difficulty as thousands have done before in other boom towns in considering a present condition one should also consider whether it will last they rarely do they generally last long enough to get everybody giddy gay and crazy and then the crash winnipeg manitoba was one of these boom towns subdivisions subdivision to the city were staked out and sold twenty miles from the city hall and alert persons paid stiff prices for them but go there bowl now even the real estate firms bho h did the business have gone out of business for the most part of course if a person has so much bonev that he can afford to gamble its different the ordinary person who bites on boom things that kind |