Auckland needs more homes – so why aren’t developers developing?

Mar 7, 2017 | News

The hard cold figures are that Auckland needs another 35,000 houses currently, according to Treasury. The Unitary Plan notes that 420,000 more houses are required to meet demand by 2045, which is 15,000 completed year on year.

These are stark numbers, says property strategist Leonie Freeman, a director of Goodman Property Trust who has worked for Auckland Council, Housing New Zealand, the government on a social housing review and also the Hobsonville Land Company.

While politicians may say they have the answer (especially in an election year), the real issue, says Freeman, is a huge disconnect between the public, private and NGO stakeholders.

They’re all working hard, she says, but within their own housing silos.

Developers, banks, the Government and many other organisations involved in the property cycle have different agendas and time frames.

In terms of solutions, AUT lecturer, John Tookey, said in a briefing paper that if New Zealand leaves matters to the free market it will “continue to be stunned by the inconvenient fact that the market will act in its own best interests: land banking; rationing land release to keep prices high; and building large and expensive homes whilst ignoring demand at the bottom end of the market”.

The second leg to the solution would be to get the speculators out of the property market by targeting an incremental capital gains tax according to how many properties each investor owns. Tookey’s idea involves government, council, or co-owned housing built for low-income households.”An artificial ‘glut’ of housing would force down rents in the buy to let (investment) property market throughout the city,” he says.

Read more here.

Recent articles

Annual Report

2021/22 CHA Annual Report

2021/22 CHA Annual Report

Strategic Plan

CHA’s 2022-2023 Strategic Workplan

CHA’s 2022-2023 Strategic Workplan

Featured Network

Residential Tenancies Act Community of Practice

Residential Tenancies Act Community of Practice

Our Place

Our Place Report 2017

Our Place Report 2017

Case Studies

Media Releases

News

Newsletters

Community Housing Aotearoa newsletter – November 28, 2022

Welcome to our latest newsletter. We cover the latest staff news, we seek feedback on our Conference topics, outline what submissions are currently being prepared, plus highlight a number of community and partner events. Community Housing Aotearoa newsletter November...

Community Housing Aotearoa newsletter – November 14, 2022

Welcome to our latest newsletter. We cover the latest staff news, Auckland's CHP network latest event, we seek feedback on our Conference topics, outline what submissions are currently being prepared, plus highlight a number of community and partner events. Community...

Community Housing Aotearoa Newsletter – October 31, 2022

Welcome to our latest newsletter. We cover the release of our Annual Report and our AGM, we seek feedback on our Conference topics, outline what submissions are currently being prepared, summarise the VUW Interns' work to produce CHRA Registration and Methamphetamine...

Submissions

CHA’s Submission on the Natural and Built Environment Bill

CHA has prepared a submission to the Environment Committee on the Spatial Planning Bill currently at the select committee stage at the time of writing. CHA has consistently advocated for Inclusionary Housing (IH) to be enabled through the RMA reforms. We discuss how...

CHA’s Submission on the Spatial Planning Bill

CHA has prepared a submission to the Environment Committee on the Spatial Planning Bill currently at the select committee stage at the time of writing. CHA has consistently advocated for Inclusionary Housing (IH) to be enabled through the RMA reforms. We discuss how...

CHA’s Submission on the Charities Amendment Bill

CHA submitted to the Social Services and Community Committee on the Charities Amendment Bill. We supported a robust and fully inclusive review be done through an independent body to address underlying issues that our sector faces and ensure lasting charities. The...

Legislation

Reports

CHA 2022 Annual Report and Audited Accounts

What a year for our Community Housing Aotearoa Ngā Wharerau o Aotearoa team. Our Annual Report highlights our service delivery, including: - 16 submissions to central and local government. - 30 trainings and events delivered on topics ranging from public health...

CHA’s Methamphetamine Harm-Reduction Handbook

CHA has developed a Methamphetamine Harm-Reduction Handbook - with consultation from the NZ Drug Foundation - with advice for providers, tenants, and policy-makers. This resource can be read below: Methamphetamine Harm-Reduction Handbook

Research

Community Housing Aotearoa

Contact Us

Contact Info

Level 11, Ranchhod Tower,
39 The Terrace /
102-112 Lambton Quay
PO Box 11543
Wellington 6142

+04 385 8722

support@communityhousing.org.nz

Follow On