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The past decade has seen a dramatic increase in New Zealand house prices. A major contributor to this increase has been an insufficient supply of land and development capacity for housing, both within and outside cities, to meet increasing demand. The Government asked the Productivity...
Affordable housing has become a major issue for all Australian and New Zealand cities. A key contributing factor is inadequate land supply. The New Zealand government introduced a National Policy Statement on Urban Development Capacity which seeks to improve housing affordability by increasing land supply....