Another post by the Planning Parrot:
Yet again, clearly nobody gets it when it comes to property.
Property developers who “sit and wait” for land values to increase have been sent a clear signal that the Government will act to bring more housing into the market, Finance Minister Bill English says.
The Government last week announced new measures to increase the supply of housing, including the ability to take control of planning and consents for new houses if councils were too slow in freeing up land.
The Budget measures come after the Government signed an accord with Auckland Council which aims to add a further 39,000 houses to the region over the next three years – more than double the 15,000 new units built over the last three years.
Mr English told TVNZ’s Q+A programme this morning that the legislation sent a clear signal to property developers who were sitting on land.
I’m not sure where Bill English is coming from. It is their land not the governments. If they want to sit on it forever then so what. Has he forgotten National’s core values, especially the part about freedom and choice? Read more »