THE LANDLORD'S LOT

Evening Post, Volume CXI, Issue 73, 27 March 1931, Page 5

THE LANDLORD'S LOT

(To the Editor.) Sir,—Your correspondent J. M. Brown has evidently never been a landlord or he would not have doubted "One of the Hardhit Landlord's" statement as to being bilked for rent. It is quite a common occurrence to bo bilked for rent and have globes missing, windows.broken, etc., and also to have to clean up the house and pay for carting away rubbish. Occasionally one meets a good tenant who looks after the garden (which is to his own interest), but the majority would see a gate or door fall off its hinges before putting in a screw. Also most of these houses were acquired by the landlords by sheer hard savings when wages were very much lower than they are now, but the tenant seems to think of the landlord last of all. When the rates and interest fall due it is no' use trying to explain that your tenant has not paid the rent. The money has to be found for these. Landlords are allowed 8 per cent, by law on money invested (and would be very pleased if they could get it), but what makes the rents high is the cost of building, rates, and the price of laud. If persons supplying materials for building were -only allowed 8 per cent, profit on money invested then the price of building would be reduced and rents could be cheaper.—l am, 6to ANOTHER OF THE^AED-HIT^ j