27 Jul 1943 Jahr - Rents on state tenancies fixed

Beschreibung:

In 1943, rents on state tenancies were fixed and the Corporation could only raise rents if tenants failed to fulfil the conditions of the tenancy. This was done at a time of inflationary pressures and the result was that government severely limited its room to manoeuvre at a time when interest rates on the National Development Loan Account were being raised. All sorts of anomalies crept in so that tenants who had taken up tenancies early on were paying considerably less than
tenants who had enforced more recently. Most telling, moderate income workers were paying lower rents than those living in the private sector whose income might be lower. The government had created a favoured group of tenants who were not always in the greatest need.


Source: https://forms.justice.govt.nz/search/Documents/WT/wt_DOC_94029549/Wai%2060%2C%20A002.pdf

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