HOUSE VALUATIONS

Auckland Star, Volume LXXIV, Issue 82, 7 April 1943, Page 2

HOUSE VALUATIONS

Is there to be no check in the present inflation of house properties. Having sold our own on account 01 its size proving prohibitive owing 10 illness and the impossibility or obtaining labour, I am now confronted with prices having jumpeciin many cases 100 to 200 per cent wna they were a year ago. We sola, oui own for £150 more than it cost us four years ago, and now nna impossible to put that profit into tne war loan, as we are asked sucn a price for a house anywhere witnm walking distance of tram or bus. i a man can be fined £20 for selling a pound of butter at too high a P rl 2f' what about the seller who is disposing of his property at a gam or hundreds of pounds? Land a & frankly admit properties m many cases are not worth the prices asKea. and I think a few of these sellers asKing and getting these prohibitive prices, if fined for war profiteering--which it undoubtedly is—wcmia cause a check in these pernicious ; inflations. HOMELESS.