The Archive · 1929

Rentals Stronger

The vent! situation shows no of the city in the future will proceed at the same rate of even more rapidly tendency' towards casing, particu arly in apartment and residential fickle. Rental vates are strengthening in all types of accommodation, The building programme of—the city has not as yet caught up, if indeed i can catch apy with the influx of population from the hin treland and abroad, A fact which was alluded to in our previous reports. is more than ever evident in the present. situa-tien, namely, that the bulk of the population of the sity which ceapies the cheapest secommedat sider the purchase of such an dertaking at auch a price, were it the future is past. fe anode such i plea possible, Tet us res the future, and continuous. progress

of Shanghai, is part and parent of AVE, vhs heat on the part of the bargain' cats Wilt he seitied hetwten oot reas tives and the who come from n expanding, is foreing fre eck a place the occupiers of higher class quar. reve into localities further and west and these people Messrs Esk Crone's Report Messrs. Erik Crone, Land and state Agency, review the ial ares to vedevelopreal ur rer class state market dur nid move out 10 occupy ax follow ding—A Good Month sweet as compared sith the [rather uneventtal month of al weeks wf exerllent weather have enabled architects and eon tractors to make good some of the ws Inst ne to Numerous and important took place inthe western the Lit of the ing the month, variment building on Say nul numerous small projects irvin one to ten foreign several small apart.

been initiated and pro-very evident in all. parts Western District and" the District construction is resulting in a ut of the} son of street sun disap place to extensive blocks of Chinese shops and dwellings. A mumber of important transactions ship industria The priest which properties changed hands show conti ed keen wrest on the rt of real estate investors.

Building projects daring March have been few in the French Con cession, but on the other hand the national Settlement has showa 2 ey month with the planning of ese than nine factories, six its history has had sosnens buildings. present. te mortgage French Cozcessivn

Text read from the printed page and cleaned; old type leaves the occasional error.

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