COST OF LIVING
INCREASE IN LAND VALUES. [BI TELEGBAPH — PBESS ASSOCIATION.] AUCKLAND, This Day. Before the Cost of Living Commission, Mr. Edward Banks, a farmer, stated that the price of land at Matamata, nearly all dairy country, had advanced 40 percent, during the last ten years. There was difficulty in getting good families to do th& milking. Mr. G. L. Peacocke, land agent, said suburban had trebled and quadrupled in value, and that rural lands had increased very much indeed— 4n some cases 50 per cent.— during the last ten or twelve years. In many cases land was higher in price than it should be for legitimate farmers. Many farmers made a living by'working the land for two or three years and then selling out.
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Bibliographic details
Evening Post, Volume LXXXIII, Issue 150, 25 June 1912, Page 8
Word Count
125COST OF LIVING Evening Post, Volume LXXXIII, Issue 150, 25 June 1912, Page 8
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