NO STABLE VALUES
AUCKLAND PROPERTIES MANY OBJECTIONS HEARD (Per Prosß Association.) AUCKLAND, this day. Commenting to-day on the Assessment. Court, which lias been hearing a large number of ratepayers’objections, the city valuer aaid that from the evidence given there appeared to be no stublo values in Auckland. All he could do was to try to keep values in uniformity as much as possible, so that one section of ratepayers would not ‘be penalised by another section lodging objections. The only surprises were the remarkably low values placed on properties •by some estate agents who gave evidence. When the same people were selling properties a few years ago they had a different story to tell. Valuers and owners, when objecting, stressed till the bad features. The city valuer added that lie could not yet say what the reductions made by the court amounted to. It would be for the City Council to decide whether the rates should he increased to make up the loss of revenue that the reductions represented.
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Bibliographic details
Poverty Bay Herald, Volume LX, Issue 18057, 6 April 1933, Page 11
Word Count
169NO STABLE VALUES Poverty Bay Herald, Volume LX, Issue 18057, 6 April 1933, Page 11
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