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flag Auckland Council raises development fees to $50,000, risking housing shortages, developers warn.

flag Auckland Council proposes a significant rise in development fees paid by property developers, increasing from $21,000 to about $50,000 per lot, by extending the calculation timeframe from 10 to 30 years. flag Troy Patchett, a local developer, warns this could stifle housing projects and worsen the city's housing shortage. flag Developers are urged to submit applications before the deadline in April to avoid the increased costs.

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