Thursday 28 September 2017

Good news for housing in Queenstown NZ

Housing affordability and supply pressures are set to be eased at the Queenstown Lakes District ,as the Council housing stock here is expected to grow by 5000 in the next 30 years, and the Council wants to extend its policies to the area to help with that growth.
 All this is set to be done according to the Housing Accord and Special Housing Areas Act. Special housing areas (SHA) and housing accords were established in 2013 by the Government and the council to help enhance housing affordability and help in land and housing supply.
                                                    One of the ways this could be achieved was by speeding up the process under the Resource Management Act. This could prove to be the most vital tool in addressing the housing issues of Queenstown Lakes district.
The district is going to double in size and there are two major players who take up about half of the building market coming on board, so this hopefully will encourage others to come on board quicker.
 The project  was also positive almost all of growth could take place inside the urban boundary of the district and is a huge sigh of relief for House builders in Queenstown NZ