Housing Infrastructure Loan: Not Exactly Helping Auckland

Should have gone South not North-West

 

I wrote a piece for Stuff.co.nz on why I thought the recent $300m loan to enable 10,500 new homes in north-west Auckland was a bad idea:

OPINION: Finance Minister Steven Joyce and mayor Phil Goff announced $300 million of the Housing Infrastructure Fund would be used in Auckland for 10,500 new homes in north-west Auckland. Good right?

Well I would call it one of the rare cases of doing worse than nothing.

Why?

…..

You will need to read Housing infrastructure loan ‘worse than nothing’ to find out my full reasoning.

 

However, it is not all bad news:

Should the north-west miss out while the south should go first?
Far from it! Putting the south first allows the north-west to get up to infrastructure and employment/amenity ready status.
And south goes first with its already existing infrastructure and employment complexes and amenities nearby.
It is all about trying to get the best bang for your buck.

quote context: http://pllqt.it/7YDcMx

 

It is all about getting the infrastructure lined up first properly using existing assets then going onto new assets.

Also major developments coming out of Southern Auckland soon!

 

Westgate Metropolitan Centre

 

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