LONDON RENTS
DROP IN LUXURY FLATS. LUnited.; 'Press Association.—By. Electric Telegraph .—Copyright,; j LONDON, October 12. London is. overstocked with luxury flats, some of. which, have been empty for. over a year, owing to the scarcity of tenants, who are.able and willing to pay the; highest rente that'are demanded,. ' - - :•, v - Square miles of the North-Western area, of London, principally in tlie neighbourhood of Baker Street are almost overed by millionaire flats, none of which are fully occupied, and now, as a result, tlie house agents are reducing the rentals by half.
. , Great blocks of flats, in Baker Street possessing private refrigerators, marble halls; private laundries, and in fact everything but tenants, have been rereduced to a minimum rental of fortyfour pounds a year from one thousand pounds sterling a year.
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Hokitika Guardian, 14 October 1930, Page 6
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130LONDON RENTS Hokitika Guardian, 14 October 1930, Page 6
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