diff --git a/src/saveload/afterload.cpp b/src/saveload/afterload.cpp
index 4ed0ae9136..b8e021ea90 100644
--- a/src/saveload/afterload.cpp
+++ b/src/saveload/afterload.cpp
@@ -1689,7 +1689,7 @@ bool AfterLoadGame()
 	}
 
 	/* Check and update house and town values */
-	UpdateHousesAndTowns();
+	UpdateHousesAndTowns(gcf_res != GLC_ALL_GOOD);
 
 	if (IsSavegameVersionBefore(SLV_43)) {
 		for (TileIndex t = 0; t < map_size; t++) {
@@ -3792,7 +3792,7 @@ void ReloadNewGRFData()
 	/* Update company statistics. */
 	AfterLoadCompanyStats();
 	/* Check and update house and town values */
-	UpdateHousesAndTowns();
+	UpdateHousesAndTowns(true);
 	/* Delete news referring to no longer existing entities */
 	DeleteInvalidEngineNews();
 	/* Update livery selection windows */
diff --git a/src/saveload/saveload_internal.h b/src/saveload/saveload_internal.h
index 6d99f28581..d0fecce4e6 100644
--- a/src/saveload/saveload_internal.h
+++ b/src/saveload/saveload_internal.h
@@ -36,7 +36,7 @@ void AfterLoadStoryBook();
 void AfterLoadLinkGraphs();
 void AfterLoadCompanyStats();
 void AfterLoadTraceRestrict();
-void UpdateHousesAndTowns();
+void UpdateHousesAndTowns(bool cargo_update_required);
 
 void UpdateOldAircraft();
 
diff --git a/src/saveload/town_sl.cpp b/src/saveload/town_sl.cpp
index da95f531b5..b73ed30555 100644
--- a/src/saveload/town_sl.cpp
+++ b/src/saveload/town_sl.cpp
@@ -68,10 +68,8 @@ void RebuildTownCaches(bool cargo_update_required)
  * town, the town radius and the max passengers
  * of the town.
  */
-void UpdateHousesAndTowns()
+void UpdateHousesAndTowns(bool cargo_update_required)
 {
-	bool cargo_update_required = false;
-
 	for (TileIndex t = 0; t < MapSize(); t++) {
 		if (!IsTileType(t, MP_HOUSE)) continue;