NEW BRITISH HOMES.
GREAT BUILDING ACTIVITY. (British Official Wireless.) RUGBY, April 7. In the past 15 years no fewer than 2,175,000 new houses have been erected in England and of this number nearly 1,900,000 were built in the last 10 years, 60 per cent, of them by private enterprise. Although the population of Britain lias increased by only 2,000,000 since the war, the new housing accommodation provided is sufficient for tliree times that number. Greatest activity has taken place in the suburbs of London, where nearly 500,000 new homes have been built in a decade.
This development is reflected in the official returns of building societies, which show that since 1922 tlie amount advanced on mortgages has substantially increased each year. In the last seven years the annual total lias nearly doubled and it is predicted that tlie--1933 figure will reach £100,000,000, nearly £10,000,000 above tlie record total of 1931.
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Manawatu Standard, Volume LIV, Issue 110, 9 April 1934, Page 7
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150NEW BRITISH HOMES. Manawatu Standard, Volume LIV, Issue 110, 9 April 1934, Page 7
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