INFLATION OF LAND VALUES.
(SPECIAL TO "THE PRESS.")
AUCKLAND, May 31. A warning in respect to the inflation of land values in the Dominion was uttered to-day- by Mr J. G. liarkness, secretary of the National Dairv Association, in addressing the Conference of North Auckland dairy companies. He stated that the enormous increase in land values during the past five ot six years was regarded with concern by the maioritv of thoughtiul people. Dairying land in Tavanaki was realising from £175 to £200 an acre. All he could say was "God help th" man who has taken up land at £200 an acre." He contended that a man with a little capital should be able to take up a sect : on of land at such a price that he could make the land his own ; freo of encurcboranec, in fifteen or sixteen years. This could not be done on land at tho present prices.
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Press, Volume LVI, Issue 16849, 1 June 1920, Page 7
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154INFLATION OF LAND VALUES. Press, Volume LVI, Issue 16849, 1 June 1920, Page 7
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