22 OCTOBER 1927, Page 17

THE- HOUSING PROBLEM

[To the Editor of the SPECTATOR.] Sxn;—It may interest you to know that we have built 76 houses this year to let at 5s. -a week rent, 7s. 8d. with rates. We could have let them at 4$. 64. a week without loss, but as it is town business we reduced 90 previously built scullery houses 64. a week. The land cost us 10d. a square yard, and they are of the smallest size but good and well situated.

We hope to get some land at 7d. per square yard, and put up perhaps 200 more houses at the same rental, with the re-

duced subsidy this next year.—! am, Sir, &c., .