Building Utopia: Decongesting Auckland

Tuesday, December 16, 2014

Decongesting Auckland

Andrew D Atkin:

An explanation on how to get rid of congestion, and a look at how futile rail investment is in a city like Auckland.

As always, the simple facts from the Smart Growth camp never get out. This is my attempt at achieving that.

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The Great New Zealand Housing Disaster: Click on The Real Deal, below.

Why would you buy a home for $500k when you can build a new home for $200k at the city fringe? Answer: Because you can't build a home for $200k at the city fringe. Because the cost of land has been artificially inflated, and to the point of ridiculous. This is the heart of the reason why housing in New Zealand has been able to inflate to such extraordinary degrees. The supply response to increases in demand has been deliberately choked off. At base, this so-called complex issue really is that simple.