HOUSING PROBLEM.

Grey River Argus, 1 April 1922, Page 5

HOUSING PROBLEM.

PRICES FALL IN BRITAIN. WHEN STATE GIVES UP BUILDING [A. and N. Z. Cable Association] (Received March 31 at 7.5 p.m.) LONDON, March 30. Some arresting facts concerning the housing costs in Britain were revealed by Sir Kingsley Wood, who declared that since it has been made clear that the Government is not now in the market for an unlimited number of houses, the costs per house has been reduced by half. Tenders, he states, are new being received for houses at the price of under £4OO sterling per house. These are the lowest yet received and yesterday week £3BB sterling was tendered for a house of three rooms, a bedroom, parlour, and kitchen. It was expected he said that teders would be still lower when building becomes an ccon<mic proposition for the private builder. Last year £l2OO sterling was asked for the present £3BB type.