SHORTAGE OF HOUSES.
WELLINGTON PROPOSALS. (Pjsb United PisEsa Association.) WELLINGTON, July 10. The City Council discussed a report by the Housing Committee based on an inspection of what had been done in other localities. It had ascertained that the Government would not advance money for h&using schemes under 10 per cent., and recommended the raising of a loan in New Zealand or in England of £50,000 at tha maximum of 5i per cent. Plans had been prepared of iive-roomed houses al £BOO each, payment for which would 'be 28s per week. It was suggested that, ,as the council had about 220 acres of land in various blocks, some should ho sold to provide money for building; but it was found that most of it belonged to antecedent liabilities, and the money would have to go back to loan. The council adopted the report, except the loan clause, which was sent back to the committee.
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Otago Daily Times, Issue 19529, 11 July 1925, Page 13
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154SHORTAGE OF HOUSES. Otago Daily Times, Issue 19529, 11 July 1925, Page 13
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