Is affordable housing sexy enough for developers?

Is affordable housing sexy enough for developers?
Queenstown developments are setting aside some affordable sections. (Image: BusinessDesk)
Paul McBeth
Property, we’re told time and again, has a special place in Kiwis’ hearts, as if there’s no other nationality that has a predilection for tangible assets that double in providing warmth and shelter.And despite the rolling maul of initiatives over the past decade and countless hui, policymakers have been baffled why their best efforts don’t seem to have made a dent in our most favoured asset.The cynics like to point at politicians’ own property ownership when they file their regular pecuniary interests, but that&rsq...

More Property

Auckland council on the hook for $150m building claim
Property

Auckland council on the hook for $150m building claim

Justice Tracey Walker heard the case from May to October 2022.

Staff reporters 26 Mar 2024
Winton's Wynyard: for the wealthy and well-heeled
Property

Winton's Wynyard: for the wealthy and well-heeled

Big balconies take advantage of the harbour and historic quarter views. 

Brent Melville 26 Mar 2024
Funds cut payments, hive off assets to survive, until better times come
Property

Funds cut payments, hive off assets to survive, until better times come

Property syndicators forced to sell their owned properties into a buyers market.

Brent Melville 25 Mar 2024
Build-to-rent 'doesn't work', but it needs to
Property

Build-to-rent 'doesn't work', but it needs to

Institutions say it's a tough sector given regulatory and tax settings.

Brent Melville 22 Mar 2024