Building Today, Volume 1 Number 2 (January 1937)
Rents
Rents
We hear that there has been considerable activity in the direction of new mortgages in recent months. Probably the fact that Auckland rents appear to be steady at a rather higher figure has stimulated the investment market. It is apparent that a substantial number of new houses is still needed to overtake the natural rate of increase, which was suspended during depression years.