Page 21 Advertisements Column 5

Press, Volume LXXIV, Issue 22307, 22 January 1938, Page 21

INSPECTION INVITED You are cordially invited to inspect the six-roomed dwelling which we have erected for Mr H. W. Findlay at No, BKahu Road (just off Straven Street) Riccarton. The premises will be open for inspection from 9 a.m. to 10 p.m. on Saturday, Sunday, and Monday, the 22nd, 23rd, and 24th January. Come as you please and bring your friends. What would it cost YOU to own a similar Home? With your section Clear Title no further deposit will be required, and your payment of £l/4/9 PER WEEK will make the whole property Clear Title in thirty years. The average interest for the whole term of the loan is only 10/8 PER WEEK; thus your weekly payment of £l/4/9 includes 14/1 PER WEEK PRINCIPAL. INTEREST: INSURANCE: ,i m r j Average weekly interest as stated above ... Quoted by the Australian Alliance Assurance Company, 118 Hereford Street, Christchurch - These amounts have been calculated from the figures computed by the State Advances Corporation of New Zealand and published „ in their booklet "Home * Building and Purchase/' Page 12 TOTAL COST PER WEEK of "OWNING YOUR OWN HOME" s. a. 10 8 per week 9 per week 4 3 P* week per week IP 8 per W€efc The payments of Principal have not been included in "Cost of Owning," as these are capital savings and you are acquiring a definite asset just the same as if put into any other securities. WHAT DID THE HON. P. FRASER SAY? (inter alia) The rent of a Government six-roomed house will be £l/13/6 per week. . . . All carry a 2/6 rebate for good tenancy. —Vide "The Press," 25th May, 1937. t WHAT DID THE RT. HON. THE PRIME MINISTER . J. SAVAGE) SAY? IT IS BETTER THAT PEOPLE SHOULD OWN THEIR OWN HOMES THAN THAT THEY SHOULD RENT THEM FROM THE GOVERNMENT. —Vide "The Press," 6th September, 1937. i*i.l ■SH ,", sHa&hlim BUILDERS AND CONTRACTORS 29 NORTH ROAD, PAPANUI TELEPHONE 23-125