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Oddments

“Man Fatally Shot Will Recover” the headline said. One in the eye for the Reaper. :J: $ # * * Our todays and yesterdays are the blocks with which we build. —Longfellow. *«* * * “Election Year” writes to the New Zealand Herald as follows: —“Another Unjust Tax” wants to know how much he is subsidising the rent of a State house. It was recently admitted that the loss for 12 months was £115,000, but it would be interesting to know how this figure is arrived at. An estimate by an Australian visitor put the figure at £40.000 a week, which is nearer the mark. On present building costs, the State would still be losing money if the rent were raised by £1 per we ok But “Another Unjust Tax” has another worry. Say in 10 years’ time the supply of houses has caught up with the demand and he then wants to sell his house, he will find that the prospective purchaser will not oe prepared to give more than, say, £lOOO. Otherwise it would pay him to rent a State house. —The Seeker

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GEST19490924.2.24

Bibliographic details

Greymouth Evening Star, 24 September 1949, Page 4

Word Count
179

Oddments Greymouth Evening Star, 24 September 1949, Page 4

Oddments Greymouth Evening Star, 24 September 1949, Page 4