Ihe slump .in property values in Sydney tv as clot non si raXy! the other day when a shop in King street "'as sold for £IB,OOO. or £OOO a root ("'rites the Sydney correspondent at the Melbourne ''Age"). This same property changed hands in 1929 for £34,000, or £I7OO a foot. There are indications everywhere that values have been cut in half. . Many incomes have gone down by half-.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GIST19331014.2.65.13
Bibliographic details
Gisborne Times, Volume LXXIII, Issue 12075, 14 October 1933, Page 9
Word Count
69Untitled Gisborne Times, Volume LXXIII, Issue 12075, 14 October 1933, Page 9
Using This Item
The Gisborne Herald Company is the copyright owner for the Gisborne Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Gisborne Herald Company. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.