Article image
Article image
Article image
Article image

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

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19221030.2.5.3

Bibliographic details

New Zealand Herald, Volume LIX, Issue 18234, 30 October 1922, Page 3

Word Count
269

RENT RESTRICTIONS. New Zealand Herald, Volume LIX, Issue 18234, 30 October 1922, Page 3

RENT RESTRICTIONS. New Zealand Herald, Volume LIX, Issue 18234, 30 October 1922, Page 3