SHOPS AND OFFICES.
TOO MANY IN AUCKLAND. (special to "the pbsss.") AUCKLAND, November 12. Business in the Auckland property market is quiet at present, chiefly owing to the tightness of money, and this has affected rural land sales, particularly. There is still money for mortgage oa bricks and mortar ia the city, and financing of suburban house property, if difficult, is not impossible. J3ut for rural lands money is almost unobtainable. , A phase new to Auckland is the number of offices to let, and this is due entirely to the phenomenal number of new office, buildings which have been erected/ in recent years. It w anticipated that the surplus will soon be reduced, however. Shops have also multiplied, and in the suburbs this has been' rather overdone. It will he some time before they are §ll
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Press, Volume LX, Issue 18229, 13 November 1924, Page 8
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136SHOPS AND OFFICES. Press, Volume LX, Issue 18229, 13 November 1924, Page 8
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