More interventionist policies required to fix housing shortages: Productivity Commission

More interventionist policies required to fix housing shortages: Productivity Commission
By Pattrick Smellie June 17 (BusinessDesk) - The Productivity Commission strongly recommends "more interventionist approaches that will unlock land for large-scale developments to alleviate housing shortages and housing costs", which it says will not be solved by policies already in place. "The scale of shortage in some settings, and especially Auckland, and the complexities in land regulation, indicate a need for bigger steps," the commission says in its draft report, Using Land for Housing, published today. "Business as usual is clearly...