Auckland Deputy Mayor Penny Hulse has come out to blame everyone else for not delivering houses in Auckland.
No, it’s not Auckland Council’s fault. No. No. No. (Squeeze eyes shut and throw tantrum.)
Whilst her comment is typical of the Council, it is also out of touch – and off-the-planet wrong. She really doesn’t know what she is talking about – and she shows it.
The Property Industry is filled with people who are quick to smell a buck and seize the opportunity to make hay. If the industry isn’t producing more it’s because it can’t. There are things in the way of it.
Penny says that there is plenty of infrastructure-enabled land. That’s a cheap parlour trick because what she means is zoned land within the city: land zoned for apartments and terrace housing, in accordance with their dumb compact city.
The problem with zoned land is that most of it has improvements on it: buildings and houses. Businesses occupy those buildings and they have tenure and don’t want to move. Many businesses own their own buildings.
People live in their homes and don’t want to move. They quite like it. They have made more than a few bucks owning the home and are not commercially minded to sell for a buck to a developer. Besides, where do they go?
And where do all those businesses move too? Read more »