How to reduce Auckland house prices

Arthur Grimes, the former chair of the Reserve Bank board, caused a stir with his proposal to crash Auckland house prices by 40% by building lots more housing: My call for policies to drive a house price collapse is driven by my personal value judgement that it’s great for young families and families on lower incomes, to be able to afford to buy a house if they wish to do so.…
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Sunday reading 17 July 2016

Welcome back to Sunday reading. This week, a different take on housing markets. We normally focus on issues like zoning and development that affect the quantity of housing that gets built in a city, but things aren’t necessarily all hunky-dory once the housing’s there.…
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Local board Rhetoric Doesn’t Match Reality

Let’s start with a quick pop quiz: you’ve got an existing town centre that you want to improve, making it more vibrant and successful. Do you A) Encourage more people to live locally who will use the town centre B) Encourage more people to live locally who will use the town centre C) Encourage more people to live locally who will use the town centre D) Oppose people living nearby and worry about the cars trying to drive through and past your town centre being ever so slightly hindered.…
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Submit (today) on East-West

The East-West Link feels a lot like the preverbal snowball rolling down a slope, constantly gathering momentum as it simultaniously gets bigger and bigger in scale, cost and the NZTA’s haste to get started. A month ago and based on documents received from an OIA, I wrote about how the cost of the project had ballooned from an estimated $550-660 million when the government gave the go ahead to accelerate its construction up to now $1.8 billion and presumably still climbing.…
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Development update: July 2016

Christchurch It’s been a while since our last update of Christchurch building consents – the number of new homes being approved by the various councils in the area. Christchurch City has had a bit of an uptick in the last couple of months, whereas consent numbers in the surrounding districts (Selwyn and Waimakariri) have flattened off – for Selwyn, at least, still much higher than the historical average.…
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Does Rapid Transit have the Capacity for Auckland’s Growth

Auckland’s budding rapid transit network is already starting to make a significant difference to public transport in the region. Despite only being a few routes, now around 25% of all PT trips in the region are made on either rail or the busway, up from just 5% a decade ago – and the numbers continue to growth strongly with over 20% growth currently being seen.…
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