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LAND VALUES.

Inflated laud valnea are an un> necessary handicap to any country, and if the report; of tbe Valuation Commission lends to tbe setting of a more reasonable standard in the Dominion it will bave dons a valuable work. Tbe Commission baa made a largo number of recommendations bat tbe outstanding fact confronting it has been tbat tbe unimproved value Of land is generally assessed at too high a figure The complaint of tbe wi nesses bai been not so tnuob that the valuation of their holdings is ox ■aaaive, but that the allowance made (or improvements is inequi fable Tbe grfcvanc" is admitted to be real. Sid the remedy proposed is a recomti § idon of tbe Assessment Court. Tbo

Courts at prp?ent cousisfc of the local Magistrate of the district and twr assessors, one appointed by the Government and the other by the local body It is contended that both these assessors have an interest in seeing taxable values increased, and to re move this objection the Commission recommends that the ratepayers in each district be given tbe right to elect one of the assessor?, the other being appointed by the Government, In theory tbe principle is excellent; but, assuming the recommendation of the Commission is adopted, it wiil remain to be seen whether popular eleotion will be an entirely satisfactory method nf opcurioer tbe services of a man to conduct expert work such as the assess mi.dc of land valuation. Tbe recommendation tbat district valuers should

meet periodically for tbe purpose of arriving at standard -valuesin given districts is one that might be pat into effect without delay.—"Dominion."

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https://paperspast.natlib.govt.nz/newspapers/AMBPA19150420.2.21

Bibliographic details

LAND VALUES., Akaroa Mail and Banks Peninsula Advertiser, Volume LXXIV, Issue 3451, 20 April 1915

Word Count
271

LAND VALUES. Akaroa Mail and Banks Peninsula Advertiser, Volume LXXIV, Issue 3451, 20 April 1915

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