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LAND MARKET QUIET.

“There is very little enquiry for dairying land just now, and the market is quiet/’ stated a local stock and land agent recently in conversation with a “Standard” reporter. “The general buyer/’ he added, “will not- pay the prices asked which are" often above the fieal productive value of the land. Consequently, little business is being transacted. At the same time I think the rich lands have reached a fair basis and a well-bal-anced farm free from disadvantages can be had for £BO per acre. Such properties, however, are not numerous and are difficult to acquire. Secondclass land suitable for dairying is out of all proportion, as regards the price, to its productive value and buyers are not disposed to invest in this type of country, conditions being what they are. ” *

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/SNEWS19240408.2.29

Bibliographic details
Ngā taipitopito pukapuka

Shannon News, 8 April 1924, Page 4

Word count
Tapeke kupu
134

LAND MARKET QUIET. Shannon News, 8 April 1924, Page 4

LAND MARKET QUIET. Shannon News, 8 April 1924, Page 4

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