HIGH LAND VALUES.
A WARNING NOTE. A warning note in connection with the present Jiigu prices of land was uttered by -Air. iNewton King at the ingiewood County dinner on i'nday evening, when proposing the toast of the "i-arming Interests of Taraimki/' Some care ana thought, lie said, should be exercised regarding the land boom. He was by no means pessimistic, but he knew of farms that had been sold at too high a rate. It was a question where safe invesimenr ended and speculation commenced. He knew of farms being bought on which the buyers did not intend to reside, holding them only for a rise of £2O next season. Land booms were dangerous, and always had a sequel. He admitted that land had to rise in accordance 'with the rise in produce, but there were farms that had been sold at over value, and he urged careful consideration of the question.
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Taranaki Daily News, 26 April 1920, Page 6
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153HIGH LAND VALUES. Taranaki Daily News, 26 April 1920, Page 6
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