ections Virtually Unprocurable In Tauranga Proper

Bay of Plenty Times, Volume LXXVI, Issue 14570, 14 January 1948, Page 3

ections Virtually Unprocurable In Tauranga Proper

4CFNTS’ DIFFICULTY IS TO FIND 'land TO SELL

. : on that a land agent’s job today was not so much 'be °P in j. £ sections and dwellings to sell that was the i butt ?u tndav was voiced by a Tauranga land agent t a representative of the Bay of Plenty ap ’ P h°tbe report that land agents regard 1947 as their w fnr ten years. y e iinrt particularly applies to land agents’ turnover 'be rG -ricnces and this, it is stated, is the effect of current ; err x +inr«! which, in the main, limit new houses to * restrictiox.b, wi , quare feet

c this kind which ,uS j S hv the well- to-do ired D L g little chance oi ' who ha the oD en market. « is this class |ec i ed f the black market houses- are adveriea i instead of through under-the- ! Snte are made to on>ng fit to the vendor. gpr ?f is understood, has |ar, 11 of small ire would seem likely to tan f° c u £. en n the track rho ha l n b g 8e Agents do not lS e S these when they dV th hands T the prosP jfLrs are legmn. I U 2 vendors’ prejudices, L S ° m t 6 said that sales to exagent sa a re habilit D aS were d nearly always ( an a good percentage S,® during the year was at fJ nr in the land agents’ r f fthe acute shortage of Sanga Ttselt The Bay F Times’ informant pointed , lot S sections in the town by people who were not

at present living in Tauranga, but hoped in the future to come and retire here. It was also explained that a lot of sections were held by Tauranga people, .and in this respect he stated that he did not think they would, ever get a better price for them than the ruling prices today. He advanced the view that if the Land Sales Committee went out of existence tomorrow, sections would immediately come down in price. Sections in Tauranga proper, stated the land agent, were practically unprocurable, and this applied to a considerable distance out of the town —as far in fact as Judea and Gate Pa. Another factor contributing towards today’s difficulties was that subdivisions of any size took about 12 months before completion, compared with a normal three months.

The land agent stated that he was selling a little, but it was very limited and what was offering could be sold fairly easily. He added that by the time a buyer had secured his section and had a home built, he would have spent £2OOO and the average man could not afford that outgoing.