SHORTAGE OF HOUSES
LESS PROPERTY CHANGING HANDS. [Special to the * Stab.'] CHKISTOHURCH, May 29. Although the scarcity of houses "is still pronounced, - inquiries made go to showthat there is much less property changing hands. Naturally, the fact that further applications for grants under the Diecharged Soldiers' Settlement Act are being entertained by the Government has had its effect on the property market, but even apart from this land agents say that the demand for the purchase of both" house and farm property has eased considerably. "There is not now the frenzied buying that there has been, and values are becoming more stable," said one man. He added that he had found that a certain percentage of those who had acquired homes recently at high prices were evidently finding it a struggle to keep up i their payment of principal and Interest. I In a number of such instances the properties are back on the market for resale.
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Evening Star, Issue 17365, 29 May 1920, Page 2
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157SHORTAGE OF HOUSES Evening Star, Issue 17365, 29 May 1920, Page 2
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