Changes will increase and improve housing supply
The NZ Property Investors Federation (NZPIF) today welcomed the Government’s proposed changes to the Resource Management Act.
“This is a huge shakeup that should result in better housing outcomes,” said Matt Ball, NZPIF PR & Advocacy Manager. “Removing the shackles of current planning law will enable New Zealand’s 317,000 property investors to respond to local demand and build homes where and when they’re needed. More and better houses will result.”
“All around the country we have members who tried to replace tired old houses, only to be stymied by planning laws and their application. At best they’ve faced delays and added costs, at worst projects have had to be abandoned. Homes that Kiwis could have lived in were never built, creating a housing crisis that should never have happened.”
“This new approach is welcome. We have the capacity to lift housing standards considerably in New Zealand, and on the face of it this proposed law change will be a huge step forward in allowing that to happen.”
“We look forward to examining the proposed changes in more detail and responding to the Government’s consultation in due course,” he added.
For media inquiries, contact:
Matt Ball, PR & Advocacy Manager
Phone: +64 21 495 645
Email: [email protected]