New Zealand's government introduces "Going for Housing Growth" policy to ease land development and address unaffordable housing.

New Zealand's government unveils ambitious housing growth targets for cities, aiming to ease land development and remove planning barriers. The "Going for Housing Growth" policy includes six changes, such as setting new Housing Growth Targets for Tier 1 and 2 councils, enabling mixed-use developments, and strengthening the National Policy Statement on Urban Development. The goal is to address the country's unaffordable housing crisis by providing more development opportunities and reducing land prices and housing costs.

July 03, 2024
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