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Tbe land on which the houses were erected was the freehold of the council, and purchase of house and property pas effected by a deposit of £3O, which was the amount fixed by the corporation. Interest on lie balance of the purchase money was fixed at per cent., and the half-yearly payments, spread over a period of 3(51 years, vero based on an amount of £3' 3s lOd for each £IOO of the principal Snrelv it would not bo difficult for a similar'scheme to be launched here. There is sufficient evidence that there is at present in our own city a crying need for 100 of each class of house, and coincident with the construction of there dwellings there should be made a thorougu analysis of the whole city, and a chart prepared for the assistance of those wmi have the reconstruction programme m hand.

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https://paperspast.natlib.govt.nz/newspapers/ODT19260925.2.86

Bibliographic details

Otago Daily Times, Issue 19904, 25 September 1926, Page 13

Word Count
145

Untitled Otago Daily Times, Issue 19904, 25 September 1926, Page 13

Untitled Otago Daily Times, Issue 19904, 25 September 1926, Page 13

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