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THE DEARTH OF HOUSES.

' TO THE EDITOE. Sib,—Can you make it clear why the jfterson who ,has, through "industry and thrift, managed to become the owner of a' house or fwo, the- rent of which is his only source of income when he has reached old age, should be prevented from ■ falling mto line with, the rest of the communitj ' Wage earners have their increased pay and war' bomis, and merchants and retailers charge larger prices for their goods, but the thrifty citizen is tied down .to pre-war price for the only commodity he has- to dispose of. though there is now a pressing- demand for houses. Painting and general repairs are costing nearly double and increased raws are threatened. .Why should, not a- fair rise in rents be legalised?—say 10 or 15 per cent? Rents in Duncdin are surely too low, making houso property a poor mvostment —result, scarcity of , houses and a tendency towards untidy and negincted property.—l am, etc., . F AIB Plat,,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19190527.2.73

Bibliographic details

Otago Daily Times, Issue 17635, 27 May 1919, Page 7

Word Count
165

THE DEARTH OF HOUSES. Otago Daily Times, Issue 17635, 27 May 1919, Page 7

THE DEARTH OF HOUSES. Otago Daily Times, Issue 17635, 27 May 1919, Page 7