I’ve picked up Statistics NZ’s release last week of population projections, played with them, and come up with some indications of potential growth in Auckland. And then I’ve tossed in a couple of counts to house the new people.
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