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Housing and Finance

Sir, —Mr. J. G. Harcourt struck the keynote of the trouble when stating that finance was the reason why private dwellings had not been erected. There are many would-be settlers who would like to build but cannot afford to pay 6J and 7 per cent, interest for money tb-day, and I would like to ask if it is not possible for the State Advances Department to open its doors just a little way. This would create confidence and work. I refer to the good old system of “Advances to Settlers,” which was always a sound proposition. Hoping some abler pen than mine will help the would-be settlers of to-day.—l am, etc.,

VANE OPTIMIST. Wellington, October 12.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19331014.2.108.7

Bibliographic details

Dominion, Volume 27, Issue 17, 14 October 1933, Page 9

Word Count
119

Housing and Finance Dominion, Volume 27, Issue 17, 14 October 1933, Page 9

Housing and Finance Dominion, Volume 27, Issue 17, 14 October 1933, Page 9