COST OF LIVING.

Hawera & Normanby Star, Volume LXVIII, Issue LXVIII, 26 June 1912, Page 5

COST OF LIVING.

AUCKLAND EVIDENCE

BY TELEGRAPH-PRESS A^OOUTIOW

AUCKLAND; June 25. Before the Cost of Living Commis sion Edward Banks, a farmer, stated that the price of land at Matamata, where it was nearly all dairy country, had. advanced 40 per cent, during the last 10 years, and that there was difficulty in getting good families to do milking..

G. L. Peacock, a land agent, said suburban lands had doubled and quadP rupled m price and rural lands had increased very much indeed—in some cases as much as 50 per cent.—during the last ten or twenty years. In many cases land was higher than it should "be for legitimate farming. Many farmers made a living by working land for two or three years and then selling out.