Untitled

Dominion, Volume 14, Issue 32, 2 November 1920, Page 7

The houso famine in Auokland shows; "little or 110 abatement:, according to th» views of leading estate audits and auc-; tioneers, gathered by tho Auckland "Star." In isolated instances there has been a reduction ill tho' route of flats, due rather to tho high renin askod than.' to a lessened demand' for hmisinfc accommodation. Flute, as yet, it was pointod out. are not fully acclimatised in Auckland. In general, routs show no downward tendency, and in the opinion, of an official of the Labour Department, will not do 60 until the housing schemes now planned are carried outf One opinion indicated that Governmental interference with the law of supply lind demand—inevitable during wartime—had contributed by its continuance to the present shortage. Investors, builders and landlords found themselves as ti result of the existing regulations iinablo either to get an adequato return on their investment or oven possession of tkoir property from a tenant. Conversion of *boardinghouses into flats, according to another estate went, was proceeding etlowjy. Auclclamlora clearly preferred the suburban home whenever thoy obtain it. J ,"