TO REDUCE HOUSE RENTS
PROPOSALS OF LABOR DELEGATES. By Cable—Press Association—Copyright. Sydney, December 13. One of the chief items on the business paper of the January. Political Labor Conference is the proposal to limit rent by legal enactment. It is suggested that all properties should have a declared capital value, and that the rent should not exceed a per cent., with 1 per cent, added for depreciation. It is claimed that this would reduce rents 25 to 50 per cent., and prevent landlords penalising tenants and obtaining from fchtm the benefits resulting from wages boards' investigations. The movement has developed because workers fed that the industrial conditions are unimproved in spite of the all-round increase in wages. Another proposal is that the State should build houses in a wholesale manner, and sell them on easy terms, borrowing £5,000,000 for the purpose.
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https://paperspast.natlib.govt.nz/newspapers/TDN19101214.2.42
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Taranaki Daily News, Volume LIII, Issue 210, 14 December 1910, Page 5
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141TO REDUCE HOUSE RENTS Taranaki Daily News, Volume LIII, Issue 210, 14 December 1910, Page 5
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