A look at those inefficiencies A piece over at Interest.co.nz illustrated the risk and costs developers often face when coming to development residential complexes. If it is not the … Continue reading Inefficiencies in the Property System
A look at those inefficiencies A piece over at Interest.co.nz illustrated the risk and costs developers often face when coming to development residential complexes. If it is not the … Continue reading Inefficiencies in the Property System
I saw this presser from the New Zealand Planning Institute:
Urban planning not to blame for inequality
Regardless of whether the government accepts or rejects a growing gap in equality within New Zealand, it has agreed that there are a variety of national and international issues that cause inequality, including finance and tax policy, under and un-employment, the pressure of foreign investment etc.
NZPI is therefore surprised and disappointed at Minister Bill English’s recent comment that the single biggest contributor to the gap between the haves and have nots is ‘urban planning processes’. This view is unsupported in any publicly available government report on inequality within New Zealand. On the contrary, the evidence available suggests that urban planning processes play a negligible part in housing affordability which is now being inextricably linked with inequality.
The regions of New Zealand face quite different pressures.Land availability and housing affordability are not typically problems that face provincial New Zealand and yet poverty is very evident in our provinces. Local planning policy is one contributor to housing affordability but certainly not the main one. The relative inability to build at scale, relative high cost of building materials, land banking, tax structure, interest rates, profiteering and sentiment towards residential property as an asset class in general have a huge role in housing affordability.
NZPI waits with interest to hear of the Government’s proposed changes to the RMA, the legislation that sets the context for all planning policies in NZ.
Ends.
……..
A fellow Tweeter did say the NZPI is in a bit of self denial and that Bill English did certainly fire a cheap shot after sitting on his hands for the last six years when he could have been a tad more productive then and now.
The inability to build at scale, and land banking are both direct consequences of actual planning policy and regulation. Thus I would also argue those two issues are two of the three biggest issues around the housing situation (the other being the NIMBY – Consenting (so development controls)).
Not rather pleased with NZPI in light of that presser…
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