KiwiBuild a 'massive political distraction' from other housing efforts: NZ Initiative

KiwiBuild a 'massive political distraction' from other housing efforts: NZ Initiative
Pattrick Smellie
By Pattrick Smellie Jan. 22 (BusinessDesk) - KiwiBuild is a "massive political and bureaucratic distraction" compared to a range of the government's other policies that should help deal with New Zealand's chronic housing unaffordability, the New Zealand Initiative says. "The government could lower unit construction costs in many ways, as it is well aware," former Business Roundtable economist Bryce Wilkinson says in a new research note today. It could ease up on red tape, improve the supply of urban land by removing regulatory restriction...