LOWER RENTS.
STATE TO FIX RATES. LABOUR'S LATEST SCHEME. By Tolegraph—Press Association— Copyright." Sydney, December 13. One of the chief items' on the business paper of the Political Labpur Conference, which' meets in January, is a proposal to limit rent by legal enactment. , ' It is suggested that all properties should have a declared capital value, and that tho rent should not exceed 5 per cent., with 1 per cent added, for depreciation. . It is claimed that this would reduce rents from 25 to 50 per cent, and would prevent landlords from penalising tenants, and obtaining from them the benefits resulting from tho Wages Board's investigations. ' The movement has developed, because the workers feel that industrial conditions have not improved, in spite of an all-round increase in wages. Another proposal •is that the State should build houses in a wholesale manner, and sell them on easy terms, borrowing five millions for the purpose.
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https://paperspast.natlib.govt.nz/newspapers/DOM19101214.2.23
Bibliographic details
Dominion, Volume 4, Issue 999, 14 December 1910, Page 5
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152LOWER RENTS. Dominion, Volume 4, Issue 999, 14 December 1910, Page 5
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