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April 1, 2024
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oct 21, 1955 - Tenancy Act - 'fair rents' for state houses

Description:

State house rental rates were fixed by the "fair rent" provisions of the 1955 Tenancy Act to reflect the capital cost of the house and the outgoings on it. While rents increased over the years, the rental was rebated according to the family's income and size.

Source: http://www.nzlii.org/nz/legis/hist_act/ta19551955n50123.pdf

Added to timeline:

Date:

oct 21, 1955
Now
~ 68 years ago