THE RENT PROBLEM

Dominion, Volume 9, Issue 2830, 22 July 1916, Page 10

THE RENT PROBLEM

Sir,—ln vour i=su£ of Hie 20th inst., bonded "War Necessities." rent is referred (o. Permit me. if snace can-ho giv»n. lo protect against this clnmsv and dishonest pronusal to set rents back iienrlv two years. The cost of living now ha* been met by a ten p"r cent, in"'■oa«n to nearly every worker in the Poininion. This must inelud" a litt'e rise in rents. T. :t- a liiid'ord, have to "■iy. in eomrinn with all, the extra rn«f of 1 ivij) <r. which must * nearly thirty Per cent. .-Wain, nlun'lv'"*. minti"". etc., has increased nearly 7.1 per "ent. A?nin. when tetanic have a hni<e i 1 '■ n?t~. fn renovate even n rnnnied hnn-e, /'(} nod often ■"nnty a fnrt.nifr' 1 *" during this time. Purler. the State Conl Perit ha« ri=»n eost nf coal M per cent.; other dealers, too;

we all must pay this. Many companies pay 10 to 15 per cent, dividend aim bonus in addition. 1 think, Sir, the easiest and fairest way would be to as. sess rents oil capital value of 10 pei cent., this to provide interest, rates insurance and maintenance, perhaps a small amount for sinking fund, as ail houses have a life, or if burned down, and when the latter the owner has to provide the difference of cost beyond the amount of insurance. Thanking you in anticipation.—l am, etc., • SMALL OWNKK.