NZ launches housing densification policy

Advertisement

Today, the Ardern Labour Government, supported by the opposition National Party, proposed a major building densification law change that will see up to 105,500 extra homes built over the next 5-8 years across New Zealand:

The Government, with the support of National, is proposing to urgently change the Resource Management Act (RMA) to enable more houses to be built in cities.

It plans to pass a bill to make councils in Auckland, Hamilton, Tauranga, Wellington and Christchurch implement intensification requirements under the National Policy Statement – Urban Development at least a year earlier than the current requirement.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.