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Hokitika Guardian, 8 September 1925, Page 4

I!Kc:i'.xt-hti:kl':t hkxts. hOXDO.V. .Inly I I. Ail idea ill' I lII’ i‘ M I'OM M Ills I llrriV.M in i!n ■ i i*h i hi' simps in t !u- iTc-'iiistruc idl Hopcnt-siriTi. \Y.. was trivon ii parliamentary answers yesterday w'lK'i it was admitted that tlie a"irrpsrnte ront now payable to the Treasury since relmililiiiLt operations luive taken place is £.|oi).o;i() as apainst £20.383 !)s 7i! formerly. Mr Alfred Dryland, surveyor to tie' Middlesex County Council, conunentinp on this anoiiin enieiii. -aid to a reporter : Those lease-, were [ think, between 80 and 100 years old. It is alien such leases tali in that the opportunity is seize.l to increase their value owinp to the intensely increased demand for premises in the heart of le'iidon. which certainly .-hows no signss <>t abatement. As leap as this demand exists, leases will tend to po on increasing in value, and th" futures show a pi min tie ini reave durim; the past I'ali-eenturv. Tltere must he a point at white! the process will stop, f >ur no.check exists except the natural one imposed by the market. - ,