HOMES FOR THE WORKERS
s (To the Editor.l
Sir, —The National candidate for the Hutt in all his speeches maintains that the Labour Government should not have undertaken house-building, but should have left it for private enterprise. I will state the following facts:— During the depression there were over 70,000 unemployed, who would not have savings to any extent; there were at least another 20,000' not registered as unemployed who were not making a living, but were living on their savings, so that at the end of the depression this 90,000 to 100,000 would be unable to find any deposit for a house. There is no building society in New Zealand that would undertake building houses on a large scale for letting purposes. Even the State Advances requires at least £70 to £100 deposit, and building societies require even a larger sum than that. These facts show that (1) a great number of people were unable to pay a deposit on a house, so they would have to become renters. (2) If the Labour Government had not started on a brisk housebuilding programme, the building trade would have been in a very stagnant position, as far as housebuilding was concerned. —I am, etc.,
A. STREETER.
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Bibliographic details
Evening Post, Volume CXXVI, Issue 85, 7 October 1938, Page 8
Word Count
205HOMES FOR THE WORKERS Evening Post, Volume CXXVI, Issue 85, 7 October 1938, Page 8
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