In the new cabinet, Phil Twyford stands out as the minister with the most challenging mandate. Combining housing and transport in one person has created a superminister in charge of all aspects of urban development.If Mr Twyford succeeds, he will not only bolster Labour’s chances of re-election. He will also shape the face of the country for decades to come.At the risk of oversimplification, New Zealand’s urban growth model at best has been a model to accommodate growth, not facilitate it. Read more
Housing affordability is an important issue to all New Zealanders and a pressing concern for many kiwi families. The high cost of housing is also one of the drivers of New Zealander’s high level of private indebtedness, and is an issue of intergenerational equality.
The Initiative’s research into housing affordability takes a different approach to the usual proposals of either just freeing up land and dropping regulations, or compelling a reluctant population to live in high density estates.
Instead our research focuses on the context in which development takes place: local government. In particular we examine the link between local government finance, and the incentives for local councils to develop land for housing.
There is a missing link between discussions of housing affordability (or rather a lack thereof) and finding workable financing management that allows local government to fund required infrastructure upgrades. By examining international best practice, we aim to close this gap with our research project.