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We had a response like this in New Zealand a few years ago, with the central government putting in place MDRS rules that forced councils to approve medium densi
by WheatMillington 2y ago
We had a response like this in New Zealand a few years ago, with the central government putting in place MDRS rules that forced councils to approve medium density housing pretty much anywhere a developer wanted to put it. For context, NZ is pretty heavily weighted towards single family dwellings, and our house prices are amoung the highest in the world.
It has been extremely effective. Of course you can never determine the actual effect of a policy like this in such a noisy environment, but everyone agrees it has contributed towards increased supply and falling prices, especially in Auckland. In the city I live in townhouses were almost unheard of, and now they're popping up everywhere.