Article image
Article image
Article image
Article image

RISING HOUSING COSTS

85 % IN NINE YEARS CANBERRA, March 9. Housing costs have risen 80 to 85 per cent in the six capital cities of Australia since the middle of 1939, according to figures issued today by the Minister of Works and Housing, Mr. N. Lemmon. The biggest rise from March to September of last year was in Sydney, where costs increased 10.8 per cent, chiefly because of the institution of the 40-hour week. The figures are based on the housing cost index for four specimen houses of a moderate size and conventional design in each city.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GISH19480310.2.66

Bibliographic details

Gisborne Herald, Volume LXXV, Issue 22582, 10 March 1948, Page 5

Word Count
97

RISING HOUSING COSTS Gisborne Herald, Volume LXXV, Issue 22582, 10 March 1948, Page 5

RISING HOUSING COSTS Gisborne Herald, Volume LXXV, Issue 22582, 10 March 1948, Page 5