Would a kiwi like to explain the "resource consent" mentioned, and how many (if any) planning regulations remain? Does this mean that people can now build anything that meets building regs, or is there a different consent process remaining?
I'm happy that this is happening and I hope this would slow down the price increase in a meaningful way. But I fear not much will change without introducing capital gains tax on property.
I hope this results in more houses built, rather than more houses “converted” into 3 premises. Having moved to Auckland in 2021, from Melbourne, I’ve seen more large houses rented as 3 “separate premises” than in Melbourne. And rent is more expensive.<p>Land blocks are big too. Even very close to the city.
They just passed a similar (actually worse) couple of laws in California, allowing up to 10 units where a single-family house stood.<p>In a place like CA, this is a corrupt developer handout. It removes approval requirements for developers and targets already-residential neighborhoods. And this is in the midst of another epic drought. These properties will cover even more ground with concrete, worsening water loss and wiping out trees.<p>Meanwhile, massive former-anchor-tenant stores like Macy's sit boarded up in dying (or dead) malls. But did the California government target disused COMMERCIAL properties for redevelopment into high-density, walkable residences? NOPE. They didn't even try that before voting to destroy existing residential neighborhoods.