How to solve Auckland’s housing crisis: New report out

Home / Uncategorized / How to solve Auckland’s housing crisis: New report out

A target of 14,000 new Auckland houses built a year, banning foreign buyers from buying existing places and tackling the construction sector duopoly are ideas put forward to solve the city’s housing crisis.

Auckland Housing Summit organising committee chairwoman Leonie Freeman, said 130 people came up with solutions when the committee met last month. It has now issued its report.

In a recommendation that follows Australia’s foreign investment regime, the report mooted “investigating changes to foreign ownership rules so foreign investors can only buy new homes”.

In a section on housing delivery barriers, it cited “monopoly/duopoly on supply chain of materials”, along with skilled labour, difficulties retaining skilled tradespeople, insufficient building scale and lack of private/public partnerships.  Read more…

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11917155

COVID-19 Update
With New Zealand moving into COVID-19 Alert Level 3, NH Valuers are able to carry out property inspections as of Tuesday 28 April 2020. As a company we take the health and safety of our community seriously and have put in place stringent controls in line with Ministry of Health guidelines.

Read more
X myStickymenu