Auckland has again ranked among the least affordable cities internationally in Demographia’s annual international housing affordability survey, out today, but Tauranga again beats it to take the rap as least affordable of the 8 New Zealand centres on the survey.
Less than 2 years after Auckland Council’s zone-changing unitary plan started to become operative, council chief economist David Norman concludes that it’s been a major cause of housing intensification. On the other side of the equation – which most on the council worried about as it wrote a plan encouraging more brownfield redevelopment & less […]
Statistics NZ has attributed a rise in inflation in the June quarter to house prices & utilities.
Auckland Council issued a release today welcoming an Environment Court decision that the Crater Hill (Nga Kapua Kohuora) volcanic cone & the elite soils of Pukaki Peninsula – between Auckland Airport & Papatoetoe – are to remain protected from residential development & future urbanisation.
The Housing Industry Association of Australia’s principal economist, Tim Reardon, said in a report out on Monday the country needed to build over 230,000 homes/year to address its affordability challenge
Government-owned company HLC (2017) Ltd – the former Hobsonville Land Co Ltd – is pushing hard to increase interest in 5 development superlots at Northcote, in keeping with the new government’s desire to get 100,000 “affordable” homes built over the next 10 years, half in Auckland.