HIGH COST OF BUILDING.

Oamaru Mail, Volume XXXVIII, Issue 10646, 21 December 1910, Page 4

HIGH COST OF BUILDING.

(Per Press Association.") . : Auckland, December 21. The.advance- itL the, price of timbers is estimated to-represent an increase of £3O in the, Cost of an.average five-rooin- ■■ ed house, which j. with , the-high prices of land anil.:the ,high prices of labor, tends as .a deterrept ; fy> the building trades. First-class timber lias advanced 6s per 100 ft within three years. The sawinillers attribute the last advance mainly to theiConcilia.tiQii-.Co urfc a ward, also to th&iscarcitV. pf timber and the it from remote parts of the;-bush,' the strong "demand from England, for hieh-grade -knuri. and the increased rentals of water-front i>roperties.