EXSERVICEMEN AFFECTED.
. WELLINGTON, May 23. "People should be allowed to get something for the work they have put into developing their assets, " said Mr. R. A. Large, a former president of the Wellington branch of the Reai Estate Institute of New Zealand, when refer ring to the operation of the Land Saies Act. Hc was speaking to members of the institute, of which he was a member for 30 years, when they met to farewell hini Iiefore he leaves for Tauranga, where he is going to 1-ive. A presentntion was made to Mr. Large. "We have all tried to help the returned inen to the utmost, but the Land Saies Act has not improved the position for them," said Mr. Large. "The Act has been a means of stabilising values, but when we lind industry being held up us it is, to the detrimenl of the returned soldier, then obviously llie Act Ls not serviug the purpose for which it was intended. " In many cases where returned rnen have wanted to go into business they have not been able to do so beeause the land saies committees will not pass reasonable pric.es asked by the vendors for their land." Ile said he had known of estates being held back from' subdivision for this reason.
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Bibliographic details
Chronicle (Levin), 24 May 1947, Page 2
Word Count
214EXSERVICEMEN AFFECTED. Chronicle (Levin), 24 May 1947, Page 2
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