SUBURBAN LAND VALUES.

Dominion, Volume 4, Issue 938, 4 October 1910, Page 4

SUBURBAN LAND VALUES.

EEMAEKS BY THE PBEWTRB.

■' Land values -and homes / were . the' subject of: some" interesting'"reinarks ', by Sir Joseph Ward in.tie speech which ; he?delivered' ; at : tlie- ; Liberal and Labour' Federation'"Social"; last:; night.:?:/:; ;- ': Eeferring to , the" tightness of money, the .■ Premier, said ; that' the-■■■■people -iwho; wereV; ■■ troubled most wereithose -who'.had' , .been.'/:; 'drawn.into. the.'/land ibobin" in.some towns"-/. ■ and suburbs,: and especially :in 'one ..or., two ,-.-.: i northern •/ places; *: -' His own- opinion :■; was ;■■■"' that the craze-ledmany/people toiinvest;; their earnings, ;;and;:theyi not ; ; now!: ■; able .to'.'get relief;,..;Jt■ ■ was;important to--' avoid a repetition of suchaastate of affairs, , A: andvihe, thought/that/'people; in;'public./; position and others shoiilddo all in- their ;- power, in. the botte'r' times that \rere fan- '■■. ■ minent,/.to exert; a steadying 'MriiluenCe;Many Would.findj if they wanted to do. business with; those who were prepared ,to;' occupy those "suburban sections, that thej were, being held. for. better.: prices, ..that ;■;: the safer and.better way would be-not jto'/try .to. get too' much for: the'm. "It ..was :of,-.-, ho ■and: trying .to' draw.:th6-vitalsi-out : :'ofj?>: the/people wha were going on;thoselands. :v : ; There had- been a great /evolution:' going v ;'• on that was going: to-make :it: difficult o. to'extract : the liigh: priess ;that:'were. paid /.. a few years ago; ...He rei:erred! to ..the' Goy- ;: eminent advances: to ■ irbrkersitthd cheap .'■-■ fares'onthe railways. iWhen: the working/ * classes: realised : .what,laii;:.advantage/ it:'::' ;-would bo tothem-to go":a/.few miles;out.-:;/ of town to live, it would change! the whole : system in regard to excessive values'' and /'■ rentals that were too ..high "for.a man of/ moderate means to.pay. :'■'"•■./? '^ r -.' ? ; ; .-. -.'■;