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Show Homes for "W orkers A complete plan for the erection of cheap but substantial houses by the state and their sale to persons of moderate mod-erate means is provided in the 1910 Housing Act of New Zealand. Tho scheme is under tho control of a housing board. No person may obtain a dwelling under this act who Is not a "worker," but a worker is defined as "any person per-son employed in any capacity in any industry or calling whether by an employed em-ployed In any capacity in any industry or calling, whether by an employer or on his own account." But there is the further limitation that houses may not bo sold to a man whose Income exceeds, in our money at normal exchange ex-change rates. $1125. This figure, how-over. how-over. Is for those with not more than two children; for each child or other dependent above that number a man is allowed an increase of $100 In his income, but the act stales that in no case may a house be sold to anyone whoso income is more than ?1525. There la a sharp limitation, also, upon the price at which houses built or acquired by the board, may be sold.' In the case of wooden dwellings the highest figure permitted is $.3750, and in any case tho price must not go above $1250. When a man buys a house he pays $50 as a deposit, find then completes payment for a wooden house in 25 V years and In the case of a brick or stone house In years. With each installment tho purchaser pays also interest at x per cent on the amount of purchase money outstanding at the time. The buyer may also pay off as large a part of his obligation as he pleases whenever an installment comes due. He must also pay insurance charges. If the purchaser defaults in his payments, the board may cancel tho agreement, but the former receives j back the amount of purchase money he has paid In, minus an allowance for depreciation of tho property during dur-ing his residence. Five hundred dol- llars may be advanced to the buyer for tho improvement of the land upon 'which his house stand?. |