Affordable housing levy sparks fear and loathing in Queenstown

Affordable housing levy sparks fear and loathing in Queenstown
Millbrook director Ben O’Malley said the misguided proposal doesn't factor in visitor accommodation. (Image: BusinessDesk)
Brent Melville
An influential group of property developers have rallied against a plan by the Queenstown Lakes district council to clip a 5% levy on urban residential subdivisions.The cohort of developers and landowners – representing billions of dollars in existing and planned lakes district investment – argue that the council’s proposed ‘inclusion zoning’ lies outside the scope of its function under the Resource Management Act 1991.The group includes civil construction company Fulton Hogan, stock exchange-listed Winton Land, Ar...

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