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Property developer: Housing density plan will take a few years to notice any effect

Author
Newstalk ZB,
Publish Date
Tue, 19 Oct 2021, 6:17PM
Photo / File
Photo / File

Property developer: Housing density plan will take a few years to notice any effect

Author
Newstalk ZB,
Publish Date
Tue, 19 Oct 2021, 6:17PM

A promise of no more red tape, more housing development and up 105,000 new houses in more than eight years.

It sounds like a new KiwiBuild headline, but it's actually the Government's bipartisan plan to boost housing supply.

Under the new rules, three homes of up to three storeys can be built without the need for resource consent.

Property developer David Whitburn told Andrew Dickens it'll see a few extra houses being built, but it will take time.

"This won't kick in until at the earliest August 2023. So it'll actually take quite a few years to notice any effect from it."

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