PRICE OF LAND
PREVENTION OF INFLATION. GOVERNMENT POLICY SOUGHT. (By Telegraph—Press Association.) WELLINGTON, This Day. Information as to what action the Government was taking to prevent inflation in the price of land was sought by Mr Meachen (Government, Marlborough) in a question of which he gave notice to the Minister of Lands, Mr Barclay, in the House of Representatives yesterday. He also asked if the Government would bring down legislation prohibiting the transfer of land till the State had had an opportunity of exercising an option of purchase for the rehabilitation of personnel of the armed forces. In a note to his question Mr Meachen said that a tendency toward land aggregation was evident in the Dominion at present. Recently land in Marlborough similar to and adjoining land valued under the Mortgagors Rehabilitation Act at £7 10s an acre changed hands at' £l9 an acre.
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Wairarapa Times-Age, 4 March 1943, Page 3
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145PRICE OF LAND Wairarapa Times-Age, 4 March 1943, Page 3
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