TRIBUTE TO WORK.
HOUSING UNDER-SECRETARY. STATE ADVANCES PROBLEM. (By Telojjrnph.—Prpss Associdfion.) WELLINGTON, Tuesday. The Minister of Finance this evening paid a tribute to the I'nder-Secretary for Housing. Mr. Lee. for the splendid work he had done in connection with the Government'* housing scheme, and said the scheme was progressing so rapidly that statistics concerning it were altering from day to day. The whole State Advances procedure, Mr. Nash said, was being re-examined to give the cottage builder the opportunity for employment, but there vvna a problem to Im> dealt with. If the Government advanced all the money required for State advance* — and he felt it should—there would be a boom and prices of sections would soar. A section valued at, £200 would increase to £300 and the Government would then he giving £10(1 to the owner of the section. He thought there was eome way out of the problem.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19371027.2.94.6
Bibliographic details
Auckland Star, Volume LXVIII, Issue 255, 27 October 1937, Page 10
Word Count
149TRIBUTE TO WORK. Auckland Star, Volume LXVIII, Issue 255, 27 October 1937, Page 10
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in