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15

New Zealand Urges Councils to Sell Land to Ease Housing Problem

By Tony Seruga

Housing Minister Nick Smith discusses plan on TV One’s Q+A
Councils will be required to unlock more land for housing

New Zealand’s government will announce policies requiring councils to unlock more land for housing amid a property boomthat’s pushed average house values in Auckland up by 70 percent since 2007.

A national policy directive will be released next month under the Resource Management Act, Housing Minister Nick Smith said Sunday on TV One’s Q+A program…

New Zealand Urges Councils to Sell Land to Ease Housing Problem

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