LAND VALUES AND VALUATIONS.
The Acting-Minister of Lands made a brief but very informative speech on laud values in the House yesterday afternoon. He prefaced it with the declaration that New Zealand was suffering not so much from high land values as from the high prices ruling for land. He was not there to say the laud was too dear, for the factor which controlled this was the value of the products, but he would say that prices were far hfgher than ten years ago. The value of the Cheviot lauds was at least three times as much as in 1892. Valuers valuing for the Land Purchase Board had always to meet the difficulty of a rising market, and they had a long while ago given up the idea of following closely the fluctuations of the open market.
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Manawatu Herald, Volume XXXIII, Issue 1028, 10 August 1911, Page 3
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138LAND VALUES AND VALUATIONS. Manawatu Herald, Volume XXXIII, Issue 1028, 10 August 1911, Page 3
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