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Trains won’t save Auckland’s traffic congestion woes

From their council offices, looking down on the choked roads of Auckland at rush hour, it is easy to see why planners see rail systems such as the City Rail Link as the most viable solution to congestion. Certainly, trains are an important public transport option. Read more

Khyaati Acharya
The National Business Review
20 June, 2014

Are compact cities better for your health?

Clearly, New Zealand needs a viable plan in order to deal with its urban problems, especially housing affordability and congestion. But whether intensified, compact development should be pursued, on the basis of greater health benefits in particular, is far from clear. Read more

Khyaati Acharya
Insights Newsletter
20 June, 2014

Planners must include property prices in their planning

Last week Minister for the Environment Amy Adams piled into the Auckland Council over the Unitary Plan, saying the rule set was unlikely to come close to delivering the 300,000 plus houses the city needs over the next 30 years. The minister noted that the plan imposed even more red tape on the already regulation-choked sector, and if anything, was likely to worsen housing affordability in Auckland. Read more

Interest.co.nz
17 June, 2014

Media release: Compact cities not cure for house prices

Wellington (17 June 2014): Local councils looking to tackle housing affordability and congestion by limiting land supply will only make the problem worse, according to the latest research report from The New Zealand Initiative. The report, Up or Out? Read more

17 June, 2014

Light rail off Capital agenda - for now

Economist Edward Glaeser, ranked as one of the profession's top 50 practitioners, summed-up 40 years of transport economics at Harvard University in four words when he was visiting Wellington last year: "Bus good, train bad." Glaeser's argument is centred on the risks of bus versus rail. Rail is capital and land intensive as you need to buy the land at market prices in order to put a track on it. Read more

Stuff.co.nz
10 June, 2014

Compact comes at a cost

At a recent Local Government New Zealand (LGNZ) event on housing affordability, the most telling moment came when economist Arthur Grimes said: “You can have big cheap cities, or small expensive cities, but just don’t say you can have small and cheap.” This statement seemed to come as a surprise to some, particularly Auckland Deputy Mayor Penny Hulse, who appeared to strongly disagree with Grimes’s position. Her reaction is understandable given that the Auckland Plan aims to deliver affordable housing by increasing the population density of the city. Read more

Insights Newsletter
6 June, 2014

Media release: RBNZ should leave mortgage decisions to banks

Wellington (4 June 2014): The New Zealand Initiative has expressed concern about a Fairfax Media report today that the RBNZ is not ruling out restricting mortgage lending according to household income multiples. Such a policy is currently being considered by the Bank of England under its new governor Mark Carney. Read more

4 June, 2014

Luckily, humans are not bacteria

An Insights reader recently wrote in with a thoughtful question: how could we advocate for the release of land in New Zealand cities as a means of tackling the housing affordability crisis and promoting economic growth? They noted that continued growth, driven by population expansion, is not sustainable in the long term. Read more

Insights Newsletter
30 May, 2014

Media release: RMA backtrack hurts housing affordability

Wellington (20 May 2014): The New Zealand Initiative has expressed disappointment that proposed reforms of Resource Management Act (RMA) have been abandoned, calling it a missed opportunity to address skyrocketing housing costs. The National Party’s bid to overhaul the legislation was stymied after coalition partners United Future and the Maori Party withdrew support for the reforms citing environmental concerns. Read more

20 May, 2014

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