HARDSHIP ON HOUSE OWNERS
(To the Editor.) Sir-I think "Limited House Owner" is to be thanked for his letter regarding L RenStriction Act I also put my £2 10s weekly, which was not by any was duly put in. After a few months St?tenants left, as-they had obtained Mother house at a slightly lower rent The house then remained empty for months, as prospective, tenants said it needed £100 spent on it. As my money was by this time exha^ted through illnesses I was persuaded by an Sent to let the place as it was for 22s 6d per> week rather than have it empty Shis.l> did, and^thej:ent remain-.. SXta?6d until JanSary, 6>^ e£ I raised it to 25s per week,' which rental I still get. Out of the 25s I have to pay interest on the mortgage, rates, taxes, insurance, and also some repairs, so I get nothing for myself, and have to struggle along the best way I can, while my tenants, have all the benefit of my hard work. As there * Sy anything to spare for repairs the property is rapidly depreciating, and I am much worse off than before I bought it. If \he present Act remains in force much'longer the rental value will be very small indeed. Surely it is time the Act was repealed.—l am, etc., ANOTHER E HEAVrLY pERgoN> _
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https://paperspast.natlib.govt.nz/newspapers/EP19381027.2.38.1
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Evening Post, Volume CXXVI, Issue 102, 27 October 1938, Page 8
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226HARDSHIP ON HOUSE OWNERS Evening Post, Volume CXXVI, Issue 102, 27 October 1938, Page 8
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