PROPERTY REGISTER

Timaru Herald, Volume CLVI, Issue 23014, 4 October 1944, Page 4

PROPERTY REGISTER

Aid To Rehabilitation

(N.ZF.A.) WELLINGTON. Oct. 3. The Minis er of Rehabilitation 'the Hon. C. F. Skinner) stated to-night that a register of properties, including farms, houses and businesses offered for sale is to be kept at each of the 26 rehabilitation offices. This will replace the general register kept by the State Advances Department and should give more efficiency in dealing with the applications of returned servicemen.

The Minister said that to make the scheme a success the co-operation of the community was invited, and ail who had properties for sale should communicate with the nearest rehabilitation office, so that returned men would have the first chance. It was estimated that 6000 farms would be needed for rehabilitation purposes, and it was hoped to secure this number from land already in production. Present indications are. says a message from Dimedin. that Otago deals in property have dropped by 25 per cent as the result of the operation of the Servicemens Settlement and Land Sales Act. For several years before the act applied about 4000 property transfers were handled annually. Tire total number during the first year of the new act is likelv to be less than 3000. The total reductions in the selling price of properties since the Otago Committee sat last November ; s