RENT RESTRICTIONS.
Sir,—A fortnight ago tbe Government announced that it bad dscnkd not to extend the rent restrictics law*, s«4 they would lapses December 31, the reason given being thai, "it was rsstttcti&tJ the building of houses to a- coitaidferftfcie extent." But a deputotim waited on wm Prime Minister to urge tibat thes* rent restriction laws should be continued for another year, and they were informed that Cabinet had decided to renew then* till March 31, 1923, and a broad- hint was given that'they would be ejAendadfurther. So tie Government baa dealt a staggering blow to the hopes of. thow owners who- have been subject to, tiw provisions of these unius* laws ever jpnca they were passed.' The tenants a&-e left fn worse condition thaw before, beeaSse the building of house* to let will nofebs imderiafcen till these law* da Itepae. The revival of confidence felt when the/ announcement was made that these iayrs were to lapse has been strangled at its birth, as it seems the conviction:, and. promises of the Government for any attempt at a return to normal conditiom are subject to alteration in a fortmght if tltey are not approved ot 'ivhy mm Government should persist in interfering in every department of Hie, instead of 1 allowing the law of supply and'demand to rule such a simple matter « hc-ase building is a mystery. Ono-maa can. brine a horse to the crater, but you cannot make him drink, and all the pauia ' said penalties will n*»t make mwr bruai houses to let while tine present infamous laws continue in force. X Thobkes. 231, Manukau Road, Parneli
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Bibliographic details
New Zealand Herald, Volume LIX, Issue 18234, 30 October 1922, Page 3
Word Count
269RENT RESTRICTIONS. New Zealand Herald, Volume LIX, Issue 18234, 30 October 1922, Page 3
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