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Aucklander here... I'm sorry to be so terse (and it'll probably get me horribly downvoted) but: What the absolute f**? Just ... What? Huh? Housing crisis ... F
by negative_zero 4y ago
Aucklander here...
I'm sorry to be so terse (and it'll probably get me horribly downvoted) but:
What the absolute f**? Just ... What? Huh? Housing crisis ... Fixed? Who paid you? And how much?
It most certainly, absolutely, positively is NOT fixed.
And if I recall correctly, the recommend changes that are linked in TFA were not adopted because of a NIMBY backlash and Auckland council caved (like they always do). All they ended up doing was scrapping the "green belt" border allowing the awful urban sprawl to resume full tilt.
The only "maybe" meaningful change that has happened was by central government at the end of 2021 by tweaking the RMA Act and essentially forcing councils to allow denser builds. (https://www.rnz.co.nz/news/political/457924/resource-management-act-amendment-passes-final-reading https://www.rnz.co.nz/news/political/457924/resource-managem...)
And that won't be enough. Deep structural changes have to occur: economically (introduce capital gains tax), politically (both major parties are currently useless on the matter) and culturally (everyone pours money just into housing rather than more productive investments just because the stock market detonated in 1989) to have any chance of fixing this.
I also love how there are no graphs on incomes, house prices, housing affordability, immigration, crime, homelessness, the massive price inflation during covid, or the current housing bubble deflation that's occurring.
I'm sorry. This article is a giant load of insulting rubbish. I can't figure out if it's just very poorly researched or some sort of propaganda piece.
edit grammar