Property

The housing crisis 'lever' discounted by government

Oliver Lewis
Fri, 18 Feb 2022

The housing crisis 'lever' discounted by government

The government last year discounted changes to the rating system to encourage more productive use of land. (Image: Deposit Photos)

Oliver Lewis
Fri, 18 Feb 2022

The prime minister has argued the government is “pulling every lever we have available to us” to address the housing crisis.However, BusinessDesk has discovered one possible lever – described by a senior economist as a practical, “small” change – which was discounted by officials.The Ministry of Housing and Urban Development (HUD) provided a briefing to housing minister Megan Woods in January 2021 on increasing housing supply.In it, HUD said the Department of Internal Affairs (DIA) would be providing the loca...

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The housing crisis 'lever' discounted by government

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