LAND SPECULATION AND INFLATED VALUES.
Mr H; iV A'iinstrring (Christchurch «North) mentioned in .the House of Representatives. .this week i a ; :i'ajujJthat liandg .up lesg fiiiur jtirnea In Awo ' ~o\ jA:l : a sitikUue On' the first: occasionally stated, it was sold at' £3O, ,an‘acre, .or a total of £3,600; but tie sixth time the price' Vah'£9s "ad'' acre, or -Ti11,400 in all: The first farmer had an intdrest.'liiii’of £234 a year; but the present man was paying £741 a year, or more than three times as much, though absolutely nothing had been added to the productive value of the' land. Stamp duties, land agent’s find lawyer’s fees, and other, charges "had addedv-£lB 6/3, per acre lo the price of the land. That," he declared, was a state of affairs that should notjbe allowed to continue. . • , v --'
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/MH19240802.2.20
Bibliographic details
Ngā taipitopito pukapuka
Manawatu Herald, Volume XLVI, Issue 2766, 2 August 1924, Page 3
Word count
Tapeke kupu
136LAND SPECULATION AND INFLATED VALUES. Manawatu Herald, Volume XLVI, Issue 2766, 2 August 1924, Page 3
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Manawatu Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in