LAND VALUE.
j";:. ; .■:. Sir,—There never.: was a time in', thef --history of'.the Dominion when'the'.soi; selling prico- should be less/taken' j>y--.-■ as tKervalue,:of. aiiy \landed property frfrthan to-day.-.-:: Owners . put-.,what : price J.,;.--they like -.upon .their..; 1 properties, : j € '-.'•; spectiye;;of;-what they!?will-.produce/ i'A! ignorkit-of;'tho;:"district,.'or;,one I; ;;;:with, little to : lose, a':wifo;. and a growing b•■•'-,'> family,;, who wants a' home, comes along p '..and agrees ;t6Vpay £20Vto:£50 an acre. jl':, Ho-pays down a- pound an■ acre or. less jfeiVwith-ithousarids -involved.-' A.'mbrtgage.j !s;..* is .taken,'and.tho.lahd; sold. -.Tho next i> Vxnan 'comes, along and learns -what, the' [.;: • then owner paid,-:and gives a' pound or onjhis bargain.',,-.' Again the land is ■;-(;; sold., : .i-TKe Government Valuer comes j,:, along,; learns .what .was paid;. then taxaj■' 'oi- money -is lent.' ;: -.' What' iJv -will bevthe/dnd of;itE- This is'no im-: f'.-v ..aginar^/case,';but ; what-is happening I s' : :,;know;every day.—l ain,;'etc., :;■' [:;;;;,-: -;;-/|v';;; : :M: gArdner:; V Ik' : '- Palmerston North', '''■'■'.-'■' ; :| t :;;;■:■;) .Octoberi,, 1910. , -.■.-.'■..'
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https://paperspast.natlib.govt.nz/newspapers/DOM19101008.2.75.3
Bibliographic details
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Dominion, Volume 4, Issue 942, 8 October 1910, Page 10
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148LAND VALUE. Dominion, Volume 4, Issue 942, 8 October 1910, Page 10
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