Rural Housing

Press, Volume CIV, Issue 30802, 14 July 1965, Page 14

Rural Housing

| Sir,—As a fully qualified tradesman. working in a small country area where housing is provided by my employer, I would like to know if it is possible for a person to have a house built with family benefit capitalisation and a State Advances 3 per cent loan in a small country ' township? I fully realise that a person who has had the benefit of a city technical education and amenities sacrifices a fair amount by taking permanent country employment, but at the same time I believe that there are many men who are essential in these small areas who would much rather be free of their employer as far 1 as housing is concerned. The main reason for this, of course, is that if the job is lost for one .reason or another the house is lost also. ] and this is also the rule on retirement. It would be veryencouraging for country employees to know that they could have a house built with the same Government concessions as their fellowworkers in the cities.—Yours, etc., OPEN UP COUNTRY.

July 11, 1965. [The district manager of the State Advances Corporation (Mr J. R. Hawkes) says: “The corporation does lend at 5 per cent and 3 per cent rebated interest rates to eligible residential loan applicants who wish to acquire houses in established rural townships, subject, of course, to the security being a satisfactory one. Applications are also entertained in the normal course by the Social Security Department for certificates of eligibility for capitalisation of family benefit.”]