dc.contributor.author |
Grinlinton, David |
en |
dc.date.accessioned |
2018-10-04T01:33:32Z |
en |
dc.date.issued |
2016 |
en |
dc.identifier.issn |
1353-775X |
en |
dc.identifier.uri |
http://hdl.handle.net/2292/38710 |
en |
dc.description.abstract |
The National Policy Statement on Urban Development Capacity 2016 (NPS-UDC) was gazetted on 3 November 2016 and comes into force on 1 December 2016. The measure is intended to improve the supply side of land for residential and business development, both to address current housing shortages in some main centres, and to provide for longer-term land development planning. Development of the NPS-UDC followed a “fast track” process of around nine months utilising s 46A(1)(b) of the Resource Management Act 1991 (RMA). It was prompted by the acute housing shortages being experienced in Auckland and Christchurch, and other fast-developing centres around New Zealand. Auckland is particularly problematic with an overheated property market being driven by speculation and offshore buying, shortages of land zoned for development, natural geographical limitations of the Auckland isthmus, barriers to expanding the urban boundary and allowing greater intensification of land uses, and shortages of contractors and building trades. Median section prices in Auckland have increased by 350 per cent from 1990 to 2016, whereas building costs only increased by 78 per cent, and the Consumer Price Index by only 71 per cent in the same period. At a broader level there are long-term demographic changes occurring including greater urbanisation. Around 73 per cent of New Zealand’s population now live in urban areas of greater than 30,000 people. Inflated prices for housing stock create other flow-on effects including households renting rather than owning their homes increasing from around 25 per cent in 1991 to 33 per cent in 2015 nationally, with even higher levels in Auckland. Māori and Pacific Island peoples have an even lower level of home ownership with a national average of less than 50 per cent, and figures of 30 per cent or less in some parts of Auckland. This results in an increasing level of dependence upon rental and state housing. Vastly inflated house prices can only accelerate these trends, and speculators that leave houses empty further exacerbate the housing shortages that exist. The Government has taken the view that one key to the solution to the problem is to increase the availability of development land and infrastructure to allow demand to be satisfied, and to moderate increasing costs through mobilising competitive market forces. |
en |
dc.relation.ispartofseries |
LexisNexis Resource Management Bulletin |
en |
dc.rights |
Items in ResearchSpace are protected by copyright, with all rights reserved, unless otherwise indicated. Previously published items are made available in accordance with the copyright policy of the publisher. |
en |
dc.rights.uri |
https://researchspace.auckland.ac.nz/docs/uoa-docs/rights.htm |
en |
dc.title |
National Policy Statement on Urban Development Capacity |
en |
dc.type |
Journal Article |
en |
pubs.issue |
16 |
en |
pubs.begin-page |
205 |
en |
pubs.volume |
11 |
en |
dc.rights.holder |
Copyright: The author |
en |
pubs.author-url |
http://www.lexisnexis.co.nz/en-nz/products/resource-management-bulletin.page |
en |
pubs.end-page |
209 |
en |
dc.rights.accessrights |
http://purl.org/eprint/accessRights/RestrictedAccess |
en |
pubs.subtype |
Article |
en |
pubs.elements-id |
677567 |
en |
pubs.org-id |
Law |
en |
pubs.org-id |
Faculty Administration Law |
en |
pubs.record-created-at-source-date |
2017-09-28 |
en |