MOUNT EDEN RATING.
Sir, —"Common Sense" should not try to saddle me with statements; I never made, such as "Householders being rated in such a manner as to compel them to sell at a loss just to allow somebody e!--o to get it cheap." Most householders will bo considerably relieved in the amount of their rate if unimproved value rating is carried. What I said was that "its tendency would-be to cause land'speculstors to sell at any reasonable figure." if "Common Sense" thinks that is not desirable, then I think he sheuld cbvigo his nom dc plume. "Sorod" makes tho same error of confusing tho consequences on vacant sections and improved sections and talks of "property values being pulled, down" and "tho foundation of credit being placed in. jeopardy," but is quite unable to give any instance whoro this has been the result of adopting tho system of unimproved rating (which has been adopted by rating authorities having moro thai) half the population of New Zealand under their jurisdiction)., 231, I'arnell Road. ,J, Thornes.
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New Zealand Herald, Volume LXVI, Issue 20242, 30 April 1929, Page 14
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174MOUNT EDEN RATING. New Zealand Herald, Volume LXVI, Issue 20242, 30 April 1929, Page 14
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