So, Auckland Council’s own Chief Economist gets it but the rest of Council is going to continue to act like a bunch of stubborn old stooges, and stick with the impossible dream of a building a compact city.
Auckland Council’s plans for higher density housing cannot succeed unless the city also expands further into the countryside, says the council’s chief economist.
Chris Parker said the only way to contain Auckland’s runaway house inflation – up $70,000 last month to $820,000 on a median price house – was to open up more rural land to relieve price pressure on a “dysfunctional” urban land market.
The council’s flagship compact city plan, based on more people living in apartments, terraced houses and townhouses within city limits, was necessary but unable to work by itself.
“Intensification won’t do it – not alone, it’s got to be part of a package,” Mr Parker told the Herald in an interview for the Home Truths series.
“Intensification increases the opportunities for what can be done on each piece of land and it increases the value of land underneath. The hope is that you can spread more houses on top of it, but the problem is we’re in a race we can’t win. Read more »